Moving main panel 30 feet
The folks in plumbing suggested I ask electrical so here goes. My house is all electric and on a slab. I'm trying to replace my aging hot water tank and have been told it's too close to my main panel. Furnace, panel and hot water tank all share a utility closet. I'm weighing the costs of:
1. Running a new gas line and installing a tankless ($4,500) on the side wall in the closet far enough away
2. Moving the electric hot water tank to a very small laundry area across the hall
3. Moving the main panel 30 feet away and well into the garage and keeping the hot water tank where it is.
4. Running a new gas line and moving the hot water tank into the very small laundry area. ($1,600)
Is option 3 the least expensive way to go?