Cost Of Changing To Tankless Water Heater

In fact you could save up to one fourth of your overall energy costs by installing tankless technology.

Cost of changing to tankless water heater.

The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. Tankless water heater these units do not store hot water but rather heat it as needed which saves energy. 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 heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.

New tankless water heater and installation costs. With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500. An electric tankless unit will cost about 500 to 700 roughly the same as a traditional tank model while the cost of a gas tankless heater runs about 1 000 to 1 200. Whole house units are more costly but will heat all the water in your home at once.

Tankless water heater installation costs tankless water heater calculator. But the initial cost is around 3 000. If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater. Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.