Tankless Water Heater Gas Vs Electric Cost

This makes the total cost for a 40 gallon electric hot water heater between 1000 and 1 700 with the total costs of a 40 gallon gas hot water heater.

Tankless water heater gas vs electric cost.

Tankless water heater cost. Electric tankless water heaters are way cheaper than their gas fuelled competitors. 2 gas tankless water heater pros and cons. Proper venting is critical.

Operating costs tend to be lower. Gas heaters can have a higher capacity. According to home depot it costs between 2 044 to 5 898 with the average being 2 979 to have a tankless water heater installed accounting for the heater installation materials any. Gas water heaters are expensive to purchase.

1 comparison chart of electric vs gas tankless water heaters. For a good sized gas fuelled tankless heater costs between 1000 and 1200. Tankless water heaters cost around 2 3 times more than traditional storage tanks. A good sized electric tankless water heater goes for around 500.

Gas heaters pose a. We rated the annual energy consumption cost excellent for a gas. Installation can be complicated and expensive. 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.