Cost Of New Electric Tankless Water Heater

Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.

Cost of new electric tankless water heater.

How much does it cost to buy a new tankless water heater. You can buy an electric model for 500 700 while a gas unit will set you back 1 000 1 200. The low end tankless model costs about 430 minus installation while the average purchased model costs around 1 200. 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.

Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities. 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. A tankless water heater that is purchased brand new will cost up to 2 000 and a whole house water heater tank costs anywhere from 600 800.

Tankless water heater cost.