Tankless water heaters don’t always reduce energy bills

latimes.com — STEVE BROWNELL has a dim view of his tankless water heater, and he's in denial about his utility bills. Three years ago, the Irvine resident installed the heater in his 3,000-square-foot, single-story home with the goal that the unit would pay for itself fairly quickly through lower gas bills and provide an endless supply of hot water. "At the time, I [...]