FYI, When we had our house built, the builder equipped it with a tankless water heater. We wondered about it, because it was different. We asked around, and a woman who had lived in a different country assured us that she loved the one she had used! We were all excited. It gave us extra closet room, it was modern and smart, and saved money! Then we moved into our new house in November and the thing never worked. A friend looked and said, oh, it's just set on a low temperature setting. So he bumped it up. Our Luke warm water went to freezing after that. We called the builder, he came and looked and said, oh, you pushed the temperature gage up. I said, yes, we didn't like the temperature of the water, we wanted it hotter. He replied, well you see, if you push it up past that point, it pops off/blows the little breakers in side the unit. I had him remove it and put in a regular electric tank water heater after that. I think he screwed us some how on that deal, and many other deals having to do with the house, but we had just had our first baby, gone through the trauma of moving... to a town near my in-laws, to a town I never wanted to live in, and it had all been my pregnant/emotional wife's decision/demand! So, my head was hamburger! None the less, the tankless water heaters were a huge let down to me, because I truly liked the idea and wanted it to work. And we did not appreciate the time of cold water and heating water on the stove top in our quote, new home until they fixed the problem. So, there's the tankless water heaters looked at from a real life experience side. Matt the wasteful american and I like it that way!
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