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Water heater options

My inspector recommends getting rid of an electric water heater installed in the attic. 

I only have power, no gas and not interested in propane. 

My options are a heat pump electric water heater or upgrading the electrical panel of the house to 200amps to switch to tankless. 

It’s a 2200 sqft house on Maui with 2 occupants and occasional guests.

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