I looked at the hot water on demand units for my darkroom, which I live in a very high mineral content area and draw off of a well located on the property, but after looking at the cost to flow as well as maintenence, I am going with a 10 gallon 220V electric tank system, I can get one of these for just about the same cost as the electric on demand system and it has a 10 year warrantee on the tank, I have already wired the shop for 220v service and when it is all said and done, based on number crunching over a 10 year period of time the cost of the equipment the electrical costs and such will be much less with the 220v electric tank system, I am also installing in an outbuilding..and our temps are very low in the winter around here, we went to 37 below zero in December, so had to make some adjustments to keep room temps in the range required, but still cheaper and longer lasting.
Dave