As far as the equipment costs are concerned electric units typically cost about 600 and gas units usually cost around 1 100.
Cost to retrofit tankless water heater.
Using a natural gas rate of 10 86 per 1 000 cubic feet we calculated that.
Tankless units are more expensive.
Installing the device and retrofitting utility hookups costs around 1 000 to 2 000 depending on local costs and the amount of work required.
The home depot offers traditional water heater tanks and modern tankless units both powered by either gas or electricity.
Tankless model prices vary by brand type and flow rate.
For a gas powered whole house tankless water heater you can expect to pay up to 3 000 for the equipment and installation.
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.
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.
Depending on your selection the average cost for water heater installation is between 1 000 to 3 000.
Most conventional gas water heaters were not installed with a tankless retrofit in mind.
Tankless hot water heater installation labor basic basic labor to install tankless hot water heater with favorable site conditions.
Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.
Mount and secure new heater.
Connect water to existing supply lines.
Connect vent to existing vent ducting.
The best way to budget for a new tankless water heater is to compare quotes from local contractors.
Factors that determine your tankless water heater cost.
You will also need to include the costs of parts and materials necessary for installation.
We factored in an installation cost of 1 250 for a gas tankless and slightly less 1 150 for an electric.
Tankless water heater installation costs most homeowners spend between 1 470 and 2 510 to install a new tankless water heater.
Gas models need a safe ventilation.
The two main cost factors for installation is the plumber s labor as well as the heating equipment chosen.
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.
In fact your home s gas piping gas meter and gas line to the meter may not be sized appropriately to handle the high gas load that will be replacing the conventional storage gas water heater.