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The standard copper wire gauge to use with any 30-amp circuit is a 10-gauge wire. The National Electric Code specifies a 10-gauge wire with appliances like water heaters running on 30 amps. If you try to use a smaller gauge wire, such as a 12 gauge, with a 30-amp breaker, you run the risk of the wire overheating and melting or causing a fire. Because of the safety hazards, the gauge of the wire is not an area to try to cut costs when connecting a 30-amp breaker to a water heater.

A tankless water heater can last up to 20 years, which is nearly double the lifespan of a conventional tank heater. However, their longevity is highly dependent on several factors. With proper installation and regular maintenance, such as descaling to prevent mineral buildup from hard water, you can expect a lifespan of 15 to 20 years. Without proper care, a tankless unit may begin to fail in as little as 12 years. Other factors that affect its lifespan include household usage and the quality of the local water supply. While they have a higher upfront cost, their energy savings, smaller size, and longer life make them a worthwhile investment for many homeowners.

On average, a tankless water heater should last between 10 and 15 years. Its lifespan will be affected by how much it's used, the effect of weather where your home is on the unit—colder is harsher and will shorten lifespan—and if the heater is maintained appropriately and regularly. There are many signs your water heater needs to be replaced, so pay attention to anything that changes with your heater or hot water.

Typically, only a high-efficiency water heater with an inducer fan can be vented outside the house. Otherwise, your water heater needs to be installed on the inside and vented through the roof. However, certain areas may allow a standard-efficiency water heater to be vented outside. Check your local building codes to be sure.