
Originally Posted by
MarkCO
I've done 3 fires caused by standard water heaters, and a dozen caused by Tankless. When you run the math, in most cases, they are not worth the trouble. A good commercial high efficiency water heater will cost more, but the fuel costs will be less in the long run. For an average family in a normal sized home, a 90% to 96% efficient tank commercial grade water heater will cost the least over it's lifetime. I have an AOSmith Vertex (only HE choice when we built the house) and we never run out of hot water, but there are now others on the market as well. I have about 50 failed water heaters in my shop at any one time, so I see a lot of them.
You do NOT want your water heater set less than about 120F. Read up on Legionnaires disease before you go telling people to turn their water heaters down to 100F.