I am renovating a property that I use for a bed and breakfast. I have a fairly well working 30 gallon water heater that is electric. I also have a propane tank that I use for limited heating in my shop when I need it. I also have a nice tankless propane water heater. I am thinking about installing the tankless to pre-heat the water to the electric unit to save some money. Propane is cheap and easy here. Electric is relatively expensive.
What do you think?