Nancy, Tomorrow we are 1 month into a Stiebel Tankless water heater. (German Mfg. w/parts/service available out of two locations in US)I changed from Indirect tank on oil burner so I don't have data comparing to electric tank types but the following is what I have found so far. Plenty of hot water for my wife and I. It is whole house system.Low GPM shower heads. incomming water temp.55F...water temp set @45C ~110F In short...plenty of hot water! Now on the cost side...Water heater delivered $578.00 The size unit we purchased requires a 200A service (Two 60 Amp breakers)...Breakers and plumbing fittings to install cost approx $85.00 Now the power costs...April to October used .5 Gal. heating oil/day...boiler set to only turn on when call for hot water (low temp limit off)(HHO $2.50-3.40/gal) Have Watt/Hr. meter on water heater circuit..Avg. 2.6 Kwh/ day so far. We pay $.16/ Kwh here in SE PA I am sure costs would vary for others but based on current data I will keep the 60A breakers turned on! Hope this data helps, Andy
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