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March 02, 2009

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We looked into a tankless water heater when our old electric one crapped out several years ago... At that point, we were looking at about $1K for a Takagi, and no tax credit. We ended up getting a 50 gal. tank model for a couple hundred. I penciled out the savings with the tankless, and even with its superior efficiency it would have taken many, many years to pay for the price difference, maybe not even within the life of the unit. And that's without figuring for any maintenance issues that may have arisen with the more complex technology in the tankless model.

I still like the idea, and wish it had made economic sense for us at the time. With our family of four, the idea of never running out of hot water was especially nice (though that feature would probably negate the environmental benefits, since the length of showers would not be self-limiting).

Would you care to share the details of your heater? Make/model/installation details/cost analysis? Of course, by the time our tank blows out in 15 years, tankless will probably be standard.

Thanks for posting this. My twelve year old is studying the Constitution. I plan on showing this to her.

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