Does anyone have experience with tankless water heaters? My current water heater in my home is 9 years old and when it dies I was thinking of replacing it with a tankless electric heater. The price seems to be a bit higher than a standard unit but I would expect that you would save a lot on the monthly bill, especially for a single person or couple. I have no idea how long they last compared to a standard unit.
Any help appreciated.
Tks
Dennis