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Hi – I’m thinking of replacing our electric water heater with an electric tankless model. (gas models are out of the question as venting would be difficult and likely not allowed in our condo.)

Our needs are pretty simple – 3 person family w/ one bathroom; washing machine, dishwasher, kitchen sink. We realize we may need to run new larger sized wiring to handle the increased amperage but we have our own 100amp 230v service panel in the apartment – located nearby the existing water heater.

Master Plvmber, have you done these installations and do you have a ballpark figure for labor costs? (either including or excluding the electrical work)

Anyone else have an opinion? I’m convinced we will save serious $$$ over time.