Cost Of Changing To Tankless Water Heater

Whole house units are more costly but will heat all the water in your home at once.

Cost of changing to tankless water heater.

But the initial cost is around 3 000. New tankless water heater and installation costs. Tankless water heater these units do not store hot water but rather heat it as needed which saves energy. Tankless units are more expensive.

With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500. The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. In fact you could save up to one fourth of your overall energy costs by installing tankless technology. Nationwide costs generally fall within the range of 1 200 to 5 000.

Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water. 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. Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700. 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.