Hi everyone.
I'd like to try and elevate the tankless vs. tank discussion a little bit. Let me just say however, kudos for actually bringing a citation into the conversation (WP article). Unfortunately the cited article is severely flawed. It attempts to generalize from anecdotal evidence, and neglects to mention a key benefit of tankless systems: they have an expected life time of OVER 20 YEARS (citation below).
The US department of energy discusses the pros and cons of the system, and I hope we can all agree that they are a reasonably reliable and unbiased source.
Check out:
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I recommend reading the whole page. It's brief and highly informative. QUOTED from the DOE website:
-Most tankless water heaters have a life expectancy of more than 20 years. They also have easily replaceable parts that extend their life by many more years. In contrast, storage water heaters last 10?15 years.
-[tankless water heaters] don't produce the standby energy losses associated with storage water heaters, which can save you money.
Whether or not a tankless system is good for your requires a little thought. If you have a problem with instantaneous flow (e.g. you want to be able to run your washer, dishwasher, and have everyone take a shower simultaneously), a tankless system to meet your needs will likely be impractical. Your problem seems to be more length periods of continuous use, which would indicate that you could seriously benefit from a tankless system.
If you really need water > 140F, they probably aren't a good solution for you. The vast majority of homeowners however do not.
If all you care about is the dollars and cents of it, the solution is to get a couple of quotes from reliable contractors, look at your personal energy rates, and do the math. It's pretty easy math, but if you have trouble with it, I'll be glad to help.
If you care about energy conservation, then you can rest assured that you will be doing a good thing for the environment, you won't lose any money in the long run, and you might even profit from it. The latter case seems to be the most likely, in my analysis.
GS
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