Anyone Have a Tankless Hot Water Heater?

My husband is an architect and when we replaced our hot water heater...now this is in Texas. He calculated that our savings would not be enough to make getting a tank-less affordable.

He told me building a new house he would put one in from the start but to retro fit it wasn't worth the cost.

We do have a gas hot water heater to start with and maybe that was the difference. So our electric bills are not very high. Maybe switching to gas would be worth it in your case.

From what he tells me, it is instant hot water and all of it you want for a long as you want...sounds heavenly. I would love one!!

We looked in to it but with all the reviews being mostly negative we opted for gas water heaters. We have 2 and my gas bill right now is only the water heaters which is about $20 a month.

We upgraded to 2 very good water heaters. We spent about $2000 to upgrade and we never run out of hot water.

We looked into doing this with our tax return, but chose to wait based on the reviews. All of the reviews we found were very wishy-washy. There were a lot that said it was nice at first and then kept breaking or having small issues that always needed to be fixed. It's like this with any new technology. When something is new the "kinks" have to be worked out and I think these new water heaters are going through that stage. We decided to wait until next year and look again to see if there has been an improvement. It's a large purchase for your home and if you are constantly spending time and money to fix issues in the end it doesn't really save anything.

I was considering one but my dad read in Consumer Reports that you have to have them professionally cleaned annually, which would pretty much eat up any cost savings. I passed on it because of that.