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Eric showcases the process of replacing a tankless water heater with a boiler system in a home. The decision was made due to the need for a new boiler and the age of the tankless water heaters. The new system includes a high-efficiency boiler, a buffer tank, circulators, and an indirect water heater. The storage tank used for hot water has a lifetime warranty and is highly insulated. The system operates efficiently and effectively, providing hot water for the household's needs. Safety measures such as a thermostatic mixing valve and glycol in the system are also highlighted. Overall, the new system is simpler, efficient, and meets the household's hot water demands effectively.