Our hot water tank is 20 years old and probably not going to live much longer, though there's always hope. My long term plan is to remove the chimney that is only used by the tank, as the furnace vents out the house side now.
So, I got two quotes for tankless and figured the payback would be....never. (Quotes were $3650 and $3685, we pay less than $5 a month for natural gas for our current tank)
Now I'm thinking of having a power vent unit installed that would also vent out the side of the house, making the chimney unused. One guy gave me a quote, and I've looked at Lowes and figure only about $400 more than a standard unit.
Any advice with these? Cons that I've read about so far are:
-15 amp motor makes some (little?) noise
-no hot water during power outages
-some say some units pull intake air from in the house and disrupt in house climate?
That's what I have so far, the last reason seems to be debated or only on some kinds, I'm not sure.
So, suggestions and advice, both in general and for specific brands/models to look at or stay away from would be appreciated.
Thanks,
Jeremy