Tankless Hot Water Heater Installation Cost

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.

Tankless hot water heater installation cost.

A tankless water heater costs about 2 114 to install or between 1 086 and 3 144 but labor rates vary tankless model prices vary by brand type and flow rate. Tankless water heaters are installed near the point of use or place where the hot water is needed. Gas powered tankless water heaters cost on average 600 more to install than those powered by electricity. Tankless units are 24 to 34 percent more energy efficient than conventional hot water heaters and they can last for 20 years or more near twice that of water heater tanks.

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. Although the initial cost of a tankless water heater installation is greater than. Tankless water heater cost. Tankless water heater cost.

The average cost of a tankless water heater installed is around 2 500 4 500. The best way to budget for a new tankless water heater is to compare quotes from local contractors. The cost of a gas powered unit costs around 1 600 without installation. Tankless water heaters cost around 2 3 times more than traditional storage tanks.

Tankless water heaters also feature a compact space saving wall mounted design. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities.