How Much Does A Tankless Water Heater Cost

Tankless water heater cost tankless water heaters cost around 2 3 times more than traditional storage tanks.

How much does a tankless water heater cost.

Tankless water heater installation costs tankless water heater calculator. For example the chronomite sr 40 240v instant flow electric tankless water heater 2 with a capacity of 2 gpm costs 160 220. The best way to budget for a new tankless water heater is to compare quotes from local contractors. Traditional water heaters can take up to 16 square feet of valuable floor space.

The home depot offers traditional water heater tanks and modern tankless units both powered by either gas or electricity. The average cost of a tankless water heater including installation is 3 000. A small point of use tankless water heater typically electric for a single sink shower can cost 120 350 for a unit that fits under a sink or in a cabinet and produces 2 2 5 gallons per minute gpm. The initial cost of a tankless water heater is greater than that of a conventional storage water heater but tankless water heaters will typically last longer and have lower operating and energy costs which could offset its higher purchase price.

If you want a top of the range heater there s no need to pay more than 700. A tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary. The average cost of a tankless water heater with. 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.

A tankless water heater is one way to ensure that you never again experience any unexpected cold showers. Tankless model prices vary by brand type and flow rate. The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. Often times special wiring needs to be installed in order to handle the increased load and or a new vent pipe needs to be installed.

Depending on your selection the average cost for water heater installation is between 1 000 to 3 000. Electric tankless heaters are relatively cheap to purchase. Ask your local pro whether your tankless system qualifies for a tax refund. The average purchase price for an electric tankless heater is 500 700.

For the same quality as a gas tankless heater costing 1 000 you can pay just 500 for an electric tankless heater. The average cost for installing a tankless water heater is around 2 500 4 500 with the average customer paying 2 808 for a gas whole house unit. Tankless water heats are more expensive primarily due to higher installation costs. If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater.