This will go off on a tangent....it does every time.Originally posted by KISS_ME
I think $800 for a 60 US GAL general electrics from home depot. Plus another $200 for install I think?? Looking back I'm questioning if I should have just forked out the extra cash and went with water on demand. I hear you save quite a bit without having to keep the tank heated constantly
It will take you about 20 years to recoup the extra cost of a tankless system, which by then, will need to be replaced. Add in the yearly maintenance costs, and financially it's not worth it at all. A larger tank, or even two 40 gal tanks, and that's all any family will ever need for hot water.