Hot water heater
I need to replace my hot water heater and need advice on what type to get. For background we have 7 people in our house. We currently have a electric hot water heater. At most we have 2 showers running and the washer set to warm water. We do have propane but would have to run a line to where our heater is. I want the most economical solution for the long run.
One company is pushing tankless propane stating they can now get 9 gpm out of them. I have also read if you are turning hot water off and on they are not as economical.
I have also thought about heat pump/electrical but concerned about the height. Cor should I go with propane or electric tank?
I would appreciate any feedback.