I’ve switched from similiar-sized apartment with a tank heater to a house with a tankless heater. My bills are close enough that it isn’t super easy to tell. total it was about 20-40 more a month for the location switch.
The real difference is how often you use it. You’ll save money if you use it sparingly (as opposed to an always on tank heater), but you’ll definitely spend more if you don’t (because infinite hot water access!). Just make sure it and it’s power source is sized for the house it’s going into.
You’ll definitely want to pay for an electrician to get it on a dedicated circuit to power it. Otherwise you’ll just get infinite tepid water instead.
I’ve switched from similiar-sized apartment with a tank heater to a house with a tankless heater. My bills are close enough that it isn’t super easy to tell. total it was about 20-40 more a month for the location switch.
The real difference is how often you use it. You’ll save money if you use it sparingly (as opposed to an always on tank heater), but you’ll definitely spend more if you don’t (because infinite hot water access!). Just make sure it and it’s power source is sized for the house it’s going into.
You’ll definitely want to pay for an electrician to get it on a dedicated circuit to power it. Otherwise you’ll just get infinite tepid water instead.