Tankless Hot Water Heater Installation Cost

How does a tankless hot water heater work.

Tankless hot water heater installation cost.

Tankless water heaters cost around 2 3 times more than traditional storage tanks. Although the initial cost of a tankless water heater installation is greater than. Tankless water heaters are installed near the point of use or place where the hot water is needed. Whole house water heaters which produce more gallons of hot water per minute also cost more than single point units.

Tankless water heater 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. The cost of a gas powered unit costs around 1 600 without installation. The average cost of a tankless water heater installed is around 2 500 4 500.

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. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities. Tankless water heater cost. 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.

The best way to budget for a new tankless water heater is to compare quotes from local contractors. Tankless water heaters also feature a compact space saving wall mounted design.