I'm thinking of upgrading my electric water heater to a gas tankless unit. Saves money and space(we have a closet with th furnace an water heater, no room
). Anyone have one? From what I've read as long as you get the proper unit for your needs there is no difference other than your energy cost being much cheaper. The electric unit I have now costs about $700yr to operate according to energy star, it's like 19yrs old too.

 

I wish I had gas so I could get one. I was talking to my plumber and he said how awesome they work, so worth the money you will save down the road. They make electric versions, but they are crap and if you've just got electric power then stick with the conventional water heater.

 

I have electric everything, except my furnace, which is right next to the water heater. All we need is a T-fitting and voila we have a gas line for the water heater.