re: Tankless vs. Tank Water Heaters

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We're having tankless installed in our new house. Only thing I've heard is it takes a little bit longer to warm up.

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We have tankless and I find it warms up just as fast. Only disadvantage I found is no hot water if the power goes out and higher initial cost (which is balanced out by lower monthly cost). I'd suggest going tankless, but it's not a big difference either way.