We’ve been exploring a thankless solution, but the company that quited us said it isn’t a good idea in our area because the ground freezes in the winter. We don’t live in a super cold area, but it does snow a few times a year and it can get into the single digits of degrees Fahrenheit.
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Why do you want tankless? If it’s not for space and “endless” hot water, then tankless may not be right for you.
Consider a heat pump tanked water heater if you’re looking for efficiency improvements.