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People ask me all the time if upgrading to a tankless water heater is a smart thing to do. After all, they are promoted as an energy saving appliance.
The average gas-powered tankless water heater can indeed save you money because they use less gas than a traditional tank water heater. They do not use any gas when you are not at home or when no hot water is in demand. A traditional tank uses gas around the clock to keep the water hot.
According to SDG&E the average home spends about $300/year to heat water. A gas tankless water heater can reduce gas usage by about 23%, or $70 - $80 per year.
The cost of a good tankless water heater can be $1,100 - $2,500 installed. Sometimes more. Installation can require a new flue, rerouting water pipes (if you relocate the unit to the exterior), and possibly running a new gas line. Since tankless water heaters demand a lot of gas to heat water quickly, you may need to increase the gas pipe from 1/2" to 3/4". Finally, tankless wate ...
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Stewart Title San Diego has provided this useful breakdown of how more than two individuals to hold title together. Note that the information concerning ownership vesting is for informational purposes only. Contact an attorney or CPA if you desire advice regarding a specific manner of holding title to property.
Community Property With
Right of Survivorship
Any number of persons
(including married or
registered domestic partners).
Any number of persons (including married or registered
Only married couples or registered domestic partners have community property rights.
Only married couples or registered domestic partners.
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