Tankless Hot Water Heater Installation Cost

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

Tankless hot water heater installation cost.

Tankless water heater cost. Although the initial cost of a tankless water heater installation is greater than. Tankless water heaters cost around 2 3 times more than traditional storage tanks. 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.

Water heater type capacity. The cost of a gas powered unit costs around 1 600 without installation. Tankless water heaters are installed near the point of use or place where the hot water is needed. 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.

Tankless water heaters also feature a compact space saving wall mounted design. 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 average cost of a tankless water heater installed is around 2 500 4 500. 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.

Tankless water heater cost. How does a tankless hot water heater work.