I don't know about leasing options for a gas/tankless water heater, but I recall looking into this last year, and a family of 4 solution installation would come to at least $1500.
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Mar 16th, 2009 04:45 PM #1
Tankless Water Heater Rebate from Enbridge
Self explanatory, there is a tankless rebate from Enbridge for tankless water heaters purchased and installed or rented/leased from Mar. 2 2009 to Aug 31 2009. The rebate is $300 credited on your gas bill.
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Mar 16th, 2009 04:51 PM #2
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Mar 16th, 2009 04:54 PM #3
Looked at tankless this weekend at Home Depot: $1100 on the shelf.
Nice to have a rebate option. Thanks Op.
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Mar 16th, 2009 05:09 PM #4
Thanks OP
Details:
https://portal-plumprod.cgc.enbridge...D=875&PageID=0
Rebate Form:
https://portal-plumprod.cgc.enbridge...oupons_300.pdf
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Mar 16th, 2009 05:11 PM #5
I looked into these tanks recently. My powervent need to be replaced.
The reviews are spotty? on these. Suggest you do a Google for reviews.
The colder the water the longer it takes.
It's my impression that installation will be about = the the cost of the unit.
Also an aside...there is new code for regular tanks...ie powervent. Old...black ABS...New a white tubing. This could add a lot depending on how your basement is finished.
I got a quote for a powervent from Sears...the high cost leaders.
Went with a local operator. Check out Home Depot...online as well.Last edited by alkapone; Mar 17th, 2009 at 10:02 AM.
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Mar 16th, 2009 05:13 PM #6
and if I'm correct, this would also qualify for the Home Renovation Tax Credit (HRTC)
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Mar 16th, 2009 05:17 PM #7
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Mar 16th, 2009 05:54 PM #8
I dont know all the details, but consider that some tankless hot water tanks also qualify for a rebate under the ecoENERGY grants
http://oee.nrcan.gc.ca/residential/p...lify-grant.cfm
plus these rebate prices should be for the federal rebate amount with certain provinces topping the rebate up (iirc ontario matches the federal rebate i.e. $250 + $250 = $500)
NOTE: in order to qualify for the ecoENERGY rebates you must follow the energy audit program.
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Mar 16th, 2009 06:05 PM #9
yeah, you need to pay $250 up front and spend 1-2 hrs doing a home evaluation 1st. if you don't, then you don't get any of those ecorebates. we had it done before our furnace, so now whatever we do to make our home more efficient (windows, doors, insulation, leaks, low flow toilets etc), we get ecorebates as well as whatever ones are available (mb hydro, 15% reno rebate etc).
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Mar 16th, 2009 06:28 PM #10
this is awesome, we need a tankless water heater as our water gets cold often, and have two families in our house.
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Mar 16th, 2009 06:40 PM #11
tankless
had the energy audit done and can't decide...
75 gallon gas traditional @ $700 installed by direct energy + $30 per month
or
tankless @ $700 installed by direct energy + $30 per month (subtract $300 rebate)
those were the rental options
purchase = 2k for a 75 gallon tank installed
purchase = 2k for a tankless installed (subtract $300 enbridge rebate, subtract $400 Ontario/post audit rebate)
makes 1.3k for tankless look great...BUT....I have 3 apartments..2 x 1 bedroom + 1 x 2 bedroom = possibly 3 showers running at once in a 100 year old house with great water pressure...
anyone experinced know what to do?_______________
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Mar 16th, 2009 06:55 PM #12
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Mar 16th, 2009 06:57 PM #13Jr. Member

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applejuice,
The tankless supposedly reduces your energy costs 75% as opposed to traditional water tank heating.
I'm getting mine this week.
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Mar 16th, 2009 07:24 PM #14Deal Addict




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Mar 16th, 2009 07:24 PM #15Sr. Member



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