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Old 01-03-2020, 06:29 AM   #2
bcrdukes
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I had considered a tankless system when our original tank was EOL (in fact, it died) so I had explored the options you mentioned, and went with another regular hot water tank.

One of the reasons was that the tankless system (at the time) was very expensive, so the cost to benefit ratio for our purposes was not appealing. On the flip side, the energy savings was worth it, but we weren't looking to keep the house forever, or rather, we had planned to renovate it through and through. The cheapest option for us was the regular tank, and it's been fine for us so far. We over extended the life span of our original hot water tank, but it also goes to show that it lasted 14 years trouble free. But when it went, it went hard haha.

I think a tankless system should work in your situation. I know much bigger families of 8 who use one and are fine with it. They often take showers back to back, or someone is showering, and another parent is bathing their child or toddler etc. Longevity seems to be okay as they've lived in the house using the same tankless system for over 5+ years, and it has served 8+ people. Hopefully others can chime in as I'm not sure whether this is the norm, or the exception.
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