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Home owners of GFY; have any of you gone tankless?
For hot water.
I've been considering it lately. My old water heater is still working great after more than 10 years. Average life of them is 5-6 years so I'm way ahead of the game with it, I take the time to do the "drain off some water" trick every 2-3 months. Got a lot of extra life out of it. But these tankless water heaters look intriguing. There would be no more worries about running out of hot water in the morning when my tenants are showering. On days when I need to shower in the morning the tank can run out pretty quick. There are places that will only rent them. They install, then you pay a monthly fee. Other places sell them but don't specify up front just how much they cost. Rent or buy? Anything to share about it as far as how tankless has been for you? Tips? Anyone? |
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I'm more curious about the average life you provided above. I think that might be for the elements and not the unit itself. I've had the same hot water heater for over 20 years now and have only had to replace the elements twice, and I have very hard well water. |
Florida condos have used them for years as a space saving product. I had one in a condo I rented for a couple of years worked great. No idea what the contractor charged/paid.
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One of the issues you may run into is having to install a much higher KW (if electric) or BTU (if NG) Unit which will drive up the price. From your sig. it says that you live in Winterpig, so the temperature of the ground water has to be taken into account since it will have to overcome that difference (especially in winter) and still maintain adequate flow. What is nice about the tank water heaters is that you really dont have to worry about that factor since it has time to recuperate in-between. Do you have a blanket installed on your current heater? It can make a world of difference in your energy costs.
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i have one. it was installed in 2010 so i don't know if they are better now but i find it takes far too long for the water to get hot. washing your hands with hot water suddenly takes forever. not running out of hot water is great though.
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Great for one shower after another. Sucks for 2 showers at the same time. In brazil they store the water on the roof and drop it into the house so the water is pre warmed. Thus I noticed I saved a ton of $$$ versus the tank one I had. Not so sure what happens if the water is at 55 degrees. You might need a bigger unit. |
Trouble is tenants will take longer showers, using more water and power.
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Ground Water Temperature and Tankless Flow Rates In Ontario |
My water heater is more than 20 years old and working fine so far (famous last words lol)
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When I have to replace mine, I will definitely go tankless. I suffer from severe migraines and I spend a lot of time in the hot shower when I am sick. Often til it runs cold, and I just needed another 20 minutes....
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Have them in a condo that gets used a few times a year. One has gone bad, was fixed and on the next trip was bad again... O well.. It's always hot in that area so a cold shower is bearable.
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I have a gas tankless at my studio. Had it for 7 years.
No pilot light no more wasting gas always keeping the water warm. Works just as good as a regular water heater with a fraction of the cost. If you have a choice, I would always opt for tankless. save a lot on your gas bill. Just Dave |
Make sure it is installed on a well insulated wall, should be on an interior wall really, if you live in a cold climate. It was below zero for some time here and a friend's wall unit was recessed into the exterior wall, LMAO-- froze solid -- FAIL!
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By the specs the autocirc will save thousands of gallons of water per year. I can see it, because it eliminates the need to run the water waiting for it to get hot. There's an autocirc at Home Depot for around $240, common price is around $300 from what I've been able to tell. |
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Very good tenants all things considered. I've been blessed. Then again they have a very good landlord. :D |
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Thanks everyone for all the great replies. Very informative. I will keep it all in mind when/if I make a move on this. |
Here's a good article about some of the issues faced with the Tankless systems and some of the solutions used
http://www.chandlerdesignbuild.com/f...hbDecJan08.pdf |
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We briefly considered a tankless system - but got a good deal on the new 40gal. tank, and since we're considering selling the house in the spring...we didn't want to put too much investment into it. I have a buddy who has a tankless and he loves it. |
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There's really nothing wrong with my existing one, I've just been thinking that I'm on borrowed time with it is all. But after your post perhaps mine has more life in it than I think it does. Still... tankless does have certain inherent advantages. |
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Do it.
I procrastinated for ages, I wished Id done it sooner :) |
I thought you were rich CDSmith?
Tenants? Worrying about a couple dollars here and there? logging when your tenants are turning lights and fans off? How do you even need tenants in Winnepeg? Isn't the cost of an average home there like 50,000 ? I remember when you used to talk down to me like you were a big shot... This is hilarious |
I'm probably going to change over when the heater I have goes, but my buddy just looked it over and said it has years to go.
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And I'm sure it wasn't very energy efficient, either. If we weren't selling the house - I'd have given serious consideration to going tankless. |
We had a propane tankless water heater installed in our new home in 2004. It was a Bosch (I believe), around $2000. Worked great, always had domestic hot water. And, as a bonus, it also heater the floors (via radiant hot water) in the bathrooms.
But, since it was propane, the yearly maintenance costs were relatively high (couple hundred bucks per year). I'd assume the same goes for natural gas. And, if it's propane or NG powered, it HAS to go on an outside wall, for venting. As far as the hot water circ goes: do it, if your furthest fixture is more than about 30 feet from the hot water appliance. Our kitchen sink was about 50 feet away, and it took 1-2 minutes for nice hot water to arrive. |
I think here we can get them for about 350 each.
The two upstairs bedrooms could share one as the bathrooms are back to back and the downstairs bathroom and kitchen could share as they are back to back. New house I am buliding I would need errrr. 5 of them. |
I have a gas one I love it! only problem is when it breaks you have no hot water nothing not even luke warm
Its only stopped working once or twice when we first got it silly stuff, been solid for years now I think its a rinah |
I am tankless with propane. Never ran out of hot water before :thumbsup
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It is all they have over here. They seem to work great. Some have a power saving option so you just hit a button before you step in the shower and it cranks it up a notch.
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We have had on demand water heaters in the UK for more than 30 years now. When i moved to San Diego i had a Takagi wall heater installed and cut my utility bill in half the very next month.
The size of the unit will dictate how many showers you can run at the same time, But the unit i purchased for around a grand would supply more than enough hot water for two showers running concurrently. The downside was that few plumbers in San Diego 20 years ago had the expertise to install them correctly, so if i remember correctly it cost me around $1500 to have them fit the gas unit. Ran 16 years without a single issue. I would have one in my new house but my solar system supplies all the hot water i need for free even in -5F temperatures, as long as the sun shines :) |
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Lots of great advice and input so far, thanks all. |
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good tankless water heaters cost 1200$ and 400$ to install or you can rent for 40$ a month for 10 yrs contract with some company and if you decided to cancel contract they will charge you 1200$.
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We use one of these
http://www.metrohotwater.com.au/publ..._Hot_Water.jpg It's super efficient, has cut the gas bill by half. No more heating up a full tank that's not going to be used for hours. |
I have a tank/boiler and I literally never go out of hot water, I mean it can run for hours non stop. It gets heated faster than it goes out. Is your set up not optimal or something? Or is it just a case of bigger tank?
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I rent but tankless is awesome, if its the kind that has hot water running 24/7 your electric will go way up, the one I have heats it only on use and the electric is still higher but it is way worth it bc the hot water never runs out. down side to any one is they have to be completely replaced every 10-15 years mines 6 and has had 2 leaks fixed. still worth it but other huge thing is you have to have good water pressure or you will never have hot water anyways :)
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Yes, but in Florida.
For my Quebec properties, it is not cost efficient |
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I have many tenants, none lives with me ,,, |
great thread....thanks...
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I bought a brand new house last summer and they insisted on putting in a 140L water tank, unfortunately I didn't get much of a say in the matter. I'm thinking about switching to tankless tho, it's pretty weird that it's a new thing in North America, I've had it in my 65 year old house in Scotland since I bought it in 2004. It's great and does save quite a bit of money. I need to call about it this weekend to get all the info but I really do want to get it. My bathtub is pretty big and I can't really have a long bath as the water won't be enough to keep topping it up.
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I have my own section of this house (I own an upper and lower duplex), she has her own self-contained apartment with a separate entrance. Roommates share things. Like a bathroom, or a kitchen, laundry, etc. You own rental property and don't know the difference between a tenant and a roommate? Plenty of multi-dwelling homes and small apartment complexes have a central water heating system. |
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And yes, I haven't heard about tankless until just recently, as in the past few years. I'll be taking a lot of what I've learned here from you guys and applying it to make a decision about this. Quote:
As for the tankless using more electricity, I don't really see that as a factor for me. Manitoba is a hydro-producer and exporter, our electricity bills aren't all that high. That part of my energy bill has always been in a credit mode every year, meanning I pay more than my property actually uses and end up getting a credit at the end of every year. I pay $74 a month for electricity currently. A tankless sys might eat into the credit but I'd be surprised if it put me in a deficit mode. And yes, that's right. I live in a sub-zero climate five+ months of the year and I only pay $74 a month in electricity. That includes the tenant. It's not a typo. |
I should of
I should of bought one instead of buying a new tank. Right after we moved in the tank needed replacing. A month after installing had a big rain storm and the power was out for several hours. Seems this old farm house was built over a spring and the sump pump always HAS to work. By the time we realized the problem the water had flooded the pilot light.
In dry weather I don't hear the pump every couple of hours I begin to worry. Don't to hear it each time, just some times. In a downpour I better hear it every 10 minutes, or it's a trip outside to the basement Next time I definitely going tankless |
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I would not buy a property where one " tenant " can take all the hot water and where he is depriving the others of such a commodity ,,, aside from not being billed for it . strange .... |
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