Tankless Water Heater Installation Cost

The cost to install the actual tankless electric water heater is about the same as a traditional water heater at 90 450 with a gas installation costing about 1 700 including adding the gas line.

Tankless water heater installation cost.

With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500. The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510 if your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater. Electric tankless water heater cost examples. Tankless water heater cost.

The best way to budget for a new tankless water heater is to compare quotes from local contractors. Whole house water heaters which produce more gallons of hot water per minute also cost more than single point units. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities. A gas tankless water heater typically costs at least 500 more than an electric water heater.

Department of energy estimates that a gas tankless water heater can save you 108 per year in energy costs while an electric tankless water heater can save you 44 per year. Tankless water heaters also feature a compact space saving wall mounted design. Traditional water heaters can take up to 16 square feet of valuable floor space. Tankless water heaters typically last up to 20 years twice as long as a tank style unit.

Of course if you want to do a little troubleshooting before you request help we respect that. Tankless water heater installation costs will likely be far lower than you anticipate. Department of energy estimates that in homes using 41 gallons or less of hot water on demand tankless units can conserve between 24 to 34 more energy than tank water heaters. Water heater type capacity.

A tankless water heater costs about 2 112 to install or between 1 085 and 3 144 but labor rates vary tankless model prices vary by brand type and flow rate. Tankless water heaters are about the size of a carry on suitcase and can be installed on virtually any wall inside or outside of your home. Likewise traditional hot water heater replacement costs can be less than you think. Gas powered tankless water heaters cost on average 600 more to install than those powered by electricity.

Labor cost to install water heater. Although the initial cost of a tankless water heater installation is greater than installation of a water heater tank lower operating and energy costs are likely to offset the higher purchase price. Tankless water heaters cost around 2 3 times more than traditional storage tanks.