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Home improvement :Tankless hot water heaters

Discussion in 'Non-Vegas Chat' started by JWBlue, Feb 17, 2013.

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  1. JWBlue

    JWBlue VIP Whale

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    I know there are probably more logical message boards to ask this question, but I have gotten good advice from unlikely places.

    What is the best brand?

    Is the best way to get a good price by calling water heater companies and asking for a quote?

    What are some other message boards to ask this type of question?
     
  2. 4ofakind

    4ofakind Tourist

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    Rinnai hands down. (Gas)
    Size goes by gallons per minute.
    Average house will use a 8 gallon minute unit.
    Condensing type heaters are for higher hot water requirements like heating coils in a HVAC unit, restaurant dishwashers etc.

    Price-
    Depends on how far you need to run the vents, location and such.
    We charge average $2500 installed but I have seen quotes in the $4000 range here in Maryland.
    Units ,vents, valve kits, start around $1100.
    Doesn't include permits $100 ? or so

    Ron
    Master Plumber , DE and MD
     
  3. JWBlue

    JWBlue VIP Whale

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    Would you like to come to California and install one?

    Good information.

    ty
     
  4. Buckeye Bob

    Buckeye Bob Low-Roller

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    Ron,

    Would love to hear your perspective on benefits of tankless versus traditional considering the cost is significantly higher. Our house currently has two newer traditional water heaters and even with 4 kids, we rarely have an issue with hot water.
     
  5. S'AllGoodMan

    S'AllGoodMan High-Roller

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    My mother had one installed when she had to put in a new furnace. It's oil run as she has no gas hook up. The cost savings are great as it only heats water as you use it so water isn't heated and kept hot in tanks. Her old system just had hot water come off the boiler so you would get 10 minutes hot water tops. I can now visit and know we can take hot showers! It cost about $2500 for the unit.
     
  6. JWBlue

    JWBlue VIP Whale

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    Even though I am not an expert, I will give my two cents.

    Here is the cost breakdown estimated.

    A tank water heater life ~10 years. Cost : $750.00
    Tankless life ~20 years; Cost: $3,000.

    Tank:
    Annual cost : $75.00 ($750 / 10)


    Tankless : $150.00 ($3,000 / 20)

    Water cost savedper year of tankless: ~ $75.00 (Taking three showers, washing one laun*dry load, running the dishwasher once (six cycles), and turning on the faucet nine times)
    Net cost of tankless : $75.00

    Equal:

    If someone invested the money saved:

    Difference in cost : $2,250. Annual interest return at a conservative 3%

    $67.50

    Reasons to to get one:

    Greener
    Don't run out of hot water
    Hot water faster
     
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