"Tankless" doesn't necessarily beget lower operating costs. If you remove a boiler that's 78% efficient and replace it with a lower BTU tankless heater that's also 78% efficient, all you've really done is lower your capacity. Heat loss of stored water is the main reason to switch to on-demand, and there are a few units (both boilers and instant heaters) that are 98% efficient. That would be the route that would be more likely to save energy.Bubbles Galore said:I'm excited to think of how much money I would save, and how much space I could open up in my equipment room. This definitely looks like the way to go.