Why does everyone rent water heaters in Ontario?

    No other province rents hot water tanks so why does everyone here in Ontario? It is a strange province we live in. No one rents their furnace, air conditioner, fridge, stove, washer or dryer. So why do we rent water heaters? Ontario is in a transitional phase right now as old tank type water heaters are being replaced with the new, technologically enhanced, tankless water heaters. A tankless is well over 90% efficient and heats water...

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    Mike Holmes on Tankless Water Heaters

    Still doubting the validity of a tankless water heaters for your home? Famed home renovation TV star Mike Holmes goes on record saying that the systems just plain “make Sense”. Below is a excerpt from the article. “Environmentally responsible building is opening our eyes to some great, new technologies. But it’s also getting us to take another look at really smart old ideas — such as tankless water heaters....

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    Tankless Rental

    You are probably paying $50.00 or more per month to just maintain the heat in a tank type water heater. WHY? Because the tank system looses its heat up the flue and then reheats, even while you sleep or are at work. This is called standby heat loss. The payback period for tankless water heaters is 3 to 7 years depending on how much hot water you use and the cost of energy. The smaller the amount of hot water that you use, the faster...

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