Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities.
Tankless gas water heater cost of installation.
Gas tankless water heaters usually produce higher flow rates than electric models.
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.
Gas water heaters require venting to prevent the buildup of harmful gases inside the home.
A tankless water heater costs about 2 111 to install or between 1 085 and 3 144 but labor rates vary tankless model prices vary by brand type and flow rate.
The installation costs for electric systems range from 800 to 1 500 while installation for gas units cost between 1 000 and 1 500.
Gas tankless water heater prices.
The cost to install the actual tankless electric water heater is about the same as a traditional water heater at 90 450 with a gas installation costing about 1 700 including adding the gas line.
Tankless water heaters typically last up to 20 years twice as long as a tank style unit.
Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute.
Tankless water heaters cost around 2 3 times more than traditional storage tanks.
For a tankless water heater at an average of 1 000 for the new unit you can expect labor costs to be between 450 to 1 200.
Tankless water heater cost.
A tankless water heater will cost 1 950 installed.
For additional details on the cost of having a tankless water heater installed visit our cost guide.
With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500.
Traditional water heaters can take up to 16 square feet of valuable floor space.
Electric tankless water heaters also cost less to install than gas units.
Tankless water heater cost.
Tankless water heaters are about the size of a carry on suitcase and can be installed on virtually any wall inside or outside of your home.