My current gas H20 heater is from 1996. I'm planning to replace it in the near future. It's the ONLY natural gas using unit in my home. My gas bill is roughly $18-20 per month.
I can purchase a 50 gallon gas H2O heater for roughly $600. A quality tankless will run me $1000. I have room to change the anode rod and will be installing & servicing whatever unit I go with.
I don't think I'll ever break even on the additional cost of a tankless.
Anyone have any opinions?
What am I missing?
I can purchase a 50 gallon gas H2O heater for roughly $600. A quality tankless will run me $1000. I have room to change the anode rod and will be installing & servicing whatever unit I go with.
I don't think I'll ever break even on the additional cost of a tankless.
Anyone have any opinions?
What am I missing?