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re: Tankless hot water heaters?
Posted on 1/7/14 at 6:59 am to skinny domino
Posted on 1/7/14 at 6:59 am to skinny domino
You would save money on your electric bill by not heating 80gal of water 24/7 365 for when you might want to use it.
I think they stopped it this year or last year maybe but check and see if they still offer the tax credit. I got a 500$ tax credit...not a wright off...but 500$ added back to my return.
I think they stopped it this year or last year maybe but check and see if they still offer the tax credit. I got a 500$ tax credit...not a wright off...but 500$ added back to my return.
1
Posted on 1/7/14 at 8:01 am to NOLAGT
quote:
You would save money on your electric bill by not heating 80gal of water 24/7 365 for when you might want to use it.
Natural Gas is cheap and expected to stay that way for a while. My Gas bill is avg $38 a month for HVAC, Hot water and cooktop.
If I save 20% on gas per month how long would it take to pay off the extra $600-$800 the tankless water heater cost installed.
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