Quote:
Originally Posted by upthesaukee
Our Masonic Lodge had an oil fired hot water heater coupled with a large insulated tank that was installed back in the 70's, which was fine back when fuel oil was as cheap as a bottle of soda. The problem was in the last several years, we were spending a lot of money, $675 - $800+ per summer just keeping the hot water hot. Oil fired furnace was turned off during the summer months.
We opted to go with an on demand propane fired hot water heater. It was just under $2,000. One of our members is a licensed installer, so we had no additional cost other than a small amount of supplies for the hookup.
We only use our kitchen 30-35 times per year, so the increase in propane use was negligible. We do have a commercial dishwasher, but it is a low water use model.
Even with the fluctuation in fuel prices, we felt we did recoup our costs in only a little over 3 years. I do realize our case is quite unique, but depending on use, cost recovery is possible. I also agree that convenience is often the driving force to using on demand system. It was for us as well.
Dave
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You definitely recouped your costs and you have given a great example of a perfect use and reason for on demand! No doubt you saved a ton especially where you had no install costs!
I should of been more clear in my post, it was geared more towards average homeowner daily use...
Dan