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Whole house on-demand water heater

14 years ago

I need a new water heater. My oil water heater has a 5 year warranty, and I'm well into year six. Usually by this time, the iron in my water has burned through the glass liner and started leaking, so every day is a gift of a dry basement.

I now have a gas line, so I'm looking at a regular gas water heater, but a neighbor mentioned an on-demand heater, and the more I think about it, the more appealing it seems.

I live alone, don't use much hot water, but live in a 4 bedroom house, so there will occasionally be a lot of water used, when family visits, or I sell the house.

I have a well, with very cold water.

I like the idea of not having another water storing major appliance in my below grade basement, and I like the idea of not keeping water hot if I'm not using it (most of the day) or I'm away.

Are there any brands to be avoided or that are recommended?

Thanks for your help

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