We're Going Tankless

Per Hidden Potential on HGTV, we have decided to go with a tankless water heater system.  The systems do cost significantly more in upfront costs than traditional heater tanks but pay for themselves within a year or two.  A tankless system heats water on demand and the good ones can run many water using appliances at once - four showers and a sink in summer or two showers and a sink in winter.  Considering that our home will have one shower, one shower/bath, three sinks, a dishwasher (maybe) and a washing machine, I think a system of this sort will be more than adequate.  States that have energy incentives (like our fair state of Colorado) also will give tax rebates for the installation and use of tankless systems.  In fact, one of the websites Ba'al was on tonight calculated that the wasted dollars in heated/unused water in traditional tanks in the state of Colorado cost users over a million dollars in the last two years.  The two companies we are most impressed with are featured over in the links list.