Trying to decide if a tankless hot water heater is for you?
I remember the day that my hot water heater broke. Finally! My lifelong desires for a tankless hot water heater were coming to fruition. Then the plumber showed up. The very plumber who wrote this article on the reality of converting to tankless. He crushed my dream and then installed an amazing new-fangled modern-day tanked water heater. I've been happy.
This article makes some good points. Most homes equipped with tanked systems are not going to transition easily to tankless. The cost doesn't seem to outweigh the benefits. There are plenty of options to make tanked systems more efficient and safer.
For me the bottom line is this. New construction - go tankless. Existing home - get tanked.