For a single-point tankless water heater suitable for a faucet in a laundry room or a shower, prices start at about $150, depending on the brand. The faster they dissolve, the quicker the limescale builds up on heating elements. Check Energy Star to see examples from across the US. "headline": "How Much a Tankless Water Heater Costs", Pro #3: Lower Month-to-Month Costs While these systems are more expensive, they are also more efficient. While these units will similarly fuel your system, the main differences occur in operating cost. The average GPM capacity of most residential tankless water heaters is between 2–5 gallons per minute, with many gas-powered units producing a higher flow than electric units. There’s no need for venting, a condensate drain, or a gas line, nor will you need to update your gas meter. The average cost of a tankless water heater ranges between $1,470 and $2,510 installed, with most homeowners spending around $1,950. The average Purchase price of a gas tankless heater is $1,000-$1,200. For one thing, since tankless heaters often last up to twice as long as tank models, it will be much longer before you need to pay for a replacement. However, if the temperature is higher, you will need to clean your heater twice a year. Tankless water heaters are more expensive than their traditional counterparts. Maintenance costs are also lower, but operating costs are quite a bit higher, adding to the expense over the long term. $500 - $600. An intermittent ignition device rather than a pilot light can cut costs on this gas usage. When these two factors are combined (hard water and high temperature), the risk of limescale buildup is greater still. Below are all of the possible installation tasks you may need to undergo for installing a new gas unit: For starters, if you want to install your heater indoors, you’ll need to add venting leading to the outdoors. Let’s take a closer look at each of these costs for a gas tankless water heater. No Additional Features. "https://www.youtube.com/channel/UCYyS0qDCbXPWHmcrCVJ4DSw" You can also take advantage of special financing and rebate offers to reduce the cost of your new water heater! Electric tankless heaters are relatively cheap to purchase. 2. Less expensive than gas, electric models cost an average of $800 to $1,600 to install. Now we come to the installation itself. }, The answer depends on whether you choose an electric or a gas model. The last related expense before the actual installation of the tankless water heater is the removal of your current unit. Of course, if you have a new house and have never had a water heater before, this is an installation cost you can eliminate from the total. The national average to run a new gas line to a house is around $500. These models have no pilot light, which means you see even greater energy savings over the long term. If you want a top-of-the-range heater, there’s no need to pay more than $700. Your heater will need to work harder to continue producing hot water, which you’ll notice by higher utility bills. These deals are available year-round. Water Softener vs Water Filter – Which Should You Use? An inspection of the condition of the heater. You may also need to install a new gas line to your heater. "url": "https://watertechadvice.com/wp-content/uploads/2020/01/Tankless-Water-Heater-Cost-1280x640.jpg" This will add to the costs of installation — an electrician will likely charge between $65 and $85 an hour. You’ll likely pay between $45 and $130 for the inspection. This is especially important if you will be using other gas appliances at the same time as the heater. According to HomeAdvisor, the average cost of a 40 to 50-gallon tank-style water heater including installation is $889. Find a water heater professional on HomeGuide: The benefits of a tankless water heater system far outweigh those of a stored-water tank heater. Tankless water heaters generally require a higher initial investment, but they are less costly to operate and provide additional benefits like endless hot water. Because these systems provide hot water on demand, they don’t require a storage tank to store hot water. The difference is that you don’t need maintenance every year, only on occasion, and the plumber will check the electrical connection rather than gas lines and fuel combustion. Traditional hot water heaters are quickly becoming extinct as new tankless technology is paving the way. Following is a list of average household water demands with respect to their gallons per minute usage in the typical household. Granted no other work needs to be done, the average cost to install a tankless water heater is $150 to $600, and currently, these costs can be offset to a small degree by a tax credit. You’ll be able to check the temperature of your water heater by looking at the thermostat. Tankless water heaters cost around 2-3 times more than traditional storage tanks. That’s because indoor units must be vented, and outdoor units cost even more to be weatherproofed. Water heater costs depend on the size and type of water heater you choose. Even if you’ve already got a gas line going into your house, you’ll probably need to make some slight modifications. This is the easiest part. Tankless water heaters are a higher initial cost, but they will cost less to operate because they only need to heat water as it is required and use less energy. "publisher": { In all cases, you’ll need to seek the services of a licensed plumber, as the installation is too complex (and potentially dangerous) for DIY. If you want to save money, it is worthwhile learning how to clear your heater of limescale yourself. Most gas tankless water heaters fall between 95,000–195,000 BTUs. The average cost for a tankless water heater installation is $1,985, or between $1,470$2,510. On average, natural gas and propane models have an installation cost of around $1,000 to $1,500. $700 - $800. This will stop harmful gases from being released in your house. Energy Star. $600 - $700. Compare this to a setup in a home with a small water heater where, potentially, the second or third person wanting to take a shower might have to wait for 20–30 minutes for the water heater to heat enough water. Upfront cost.You can buy an electric model for $500-$700, while a gas unit will set you back $1,000-$1,200. Which type of tankless heater — gas or electric — is the best investment for you will depend on what you’re looking for. Tankless: Tankless water heaters tend to cost more up front than storage tank models. Tank heaters often start to corrode and may leak water. *Lifetime energy costs assume that your tankless water heater will last for 20 years. For some homeowners with a tank water heater/boiler already installed, it is far more efficient to install a few tankless water heaters in bathrooms as the family grows in size and the demand for simultaneous hot water increases. At GSHA Servces, LTD, pricing starts at $900 for a new water heater and top-notch, professionally audited installation. Tankless Water Heater Cons. If your home needs to be rewired, it can easily add $3,000 or more to the cost of installing a tankless water heater. For the same quality as a gas tankless heater costing $1,000, you can pay just $500 for an electric tankless heater. Whatever the case, it is going to be more convenient and less expensive than sticking with a traditional tank water heater. If there is currently no gas hookup at the house, and one has to be put in to facilitate the new tankless water heater, that will cost extra. Alternatively, you may need to wire the electric heater directly to your service panel. Get free custom quotes from qualified pros in your area. This assumes a lifespan of 20 years, but there is a good chance that your water heater will last longer. Including installation the cost is usually $300 – $1,300. "name": "Water tech advice", For a simple install with no need to run additional gas lines to a new hookup, an install will take an average of around 3–4 hours. "description": "We breakdown the prices for tankless gas units and electric units in a simple way so that you can decide if investing in a tankless heater is worth it. For example, the Chronomite SR-40 240v Instant-Flow Electric Tankless Water Heater [ 2] with a capacity of 2 gpm costs $160-$220. You’ve assessed your options and realized that investing in a tankless water heater is better than sticking with a tank water heater. The average residential model usually costs anywhere from $800 to $1,500. $2000 - $3000. The following is a list of the aspects you can look forward to: Tax credits for Energy Star-compliant tankless water heaters expired in 2016 but were recently renewed for gas-powered, whole home tankless water heaters. This is slightly more expensive for gas tankless heaters than electric, purely because gas heaters need at least annual maintenance whereas electric heaters can go without. The average traditional model costs around $500, while the cheapest tankless options start at $1,000. Finally, as with a gas water heater, you’ll need to pay a plumber to remove your current system (if you have one) and you may want to ask a carpenter to create a space for the heater. The best way to budget for a new tankless water heater is to compare quotes from local contractors. Choosing a lower cost installer for the work of putting in your tankless water heater could end up costing you more because of a higher potential for substandard installation work—resulting in unnecessary, expensive repairs in the future. There are several factors to consider in choosing one or the other: 1. to. If you live in a cold climate, or even in an area where winter temperatures drop quite low, you’ll probably want to take steps to stop cold air created by the condensation from traveling through the vent and re-entering your home. The cost to install a tank water heater ranges from $650 to $1,611 because lower unit prices and less labor will be involved. The two main cost factors for installation is the plumber's labor, as well as the heating equipment chosen. For an electric whole-house tankless water heater, you … Whereas, the average cost of traditional storage water heaters is about $750. Calculate the maximum simultaneous demand for hot water in the house, and you’ll know which system(s) should be installed and where it should be located. { Receive quotes from multiple pros that meet your exact needs. It needs to be routed to a drain in the floor or to a utility sink. The cost to install a gas tankless water heater varies significantly according to your current home setup, although it tends to be quite expensive whatever your needs. You can expect to pay up to $1,300 for the installation of an electric water heater. Tankless gas water heaters have a higher upfront cost than their electric counterparts. The average cost for a tankless water heater installation is $1,985, or between $1,470–$2,510. "keywords": ["how much does a tankless water heater cost","tankless water heater cost"], PLEASE NOTE: This model is compatible with Schedule 40 PVC venting. Ideal for regular households to ensure consistent hot water at any time, it’s easy to see why we’ve selected the EcoSmart ECO 27 Electric Tankless Water Heater as the best tankless water heater around. "@type": "Article", During heavy use, the 40- or 80-gallon reservoir can be emptied faster than it refills and heats, leaving someone in a cold shower. With a tankless water heater, consumers receive a quick and almost endless supply of hot water on demand. The average cost of a tankless water heater including installation is $3,000. Special Values + See All. In some cases, simply wiring a water heater to your current system is insufficient. There are also reduced maintenance costs associated with tankless heaters. A tankless water heater costs about $2,130 to install, or between $1,096 and $3,168, but labor rates vary. In addition, national averages for the required installation labor typically run between $500 and $1000. For a good-quality gas tankless water heater, you’ll need to pay at least $1,000. Tankless water heats are more expensive primarily due to higher installation costs. Annual maintenance includes the following: If your area has particularly hard water, minerals like calcium and magnesium start to build up in the heat exchanger. Anti-Bacteria Growth. As they take up far less space, there is no need for a full closet. If this is the case for you, expect to pay around $500 for the removal and disposal of your tank. Get 5 free estimates on HomeGuide from trusted plumbers: Let us know about your needs so we can bring you the right pros. That reflects savings close to the cost of the system throughout 10 years of use. LoNox. These units are less expensive than tankless models but take up more space. Tankless water heaters are different in their rating system—they are sold according to the demand they can meet, the flow rate, and are measured in gallons per minute (GPM). It can save up to 50% in water heating costs, which is something your bank account will love. It's the most environmental-friendly setup, and the government offers a 30% tax credit on the cost of installation for solar-powered water heating systems. Rheem Tankless Water Heaters are preferred by contractors and designed to get your home enjoying the comfort and convenience of continuous hot water with minimal installation costs. You can prevent the problems caused by hard water damage by descaling your heater twice a year. The national average for the cost of a new tankless water heater is about $3000. The good news is that any updates to your gas meter incur only small costs. There are several factors to consider when choosing the best water heater for your family’s needs – gas or electric, tank or tankless. A power vent tankless water heater will function best when it is installed in an area with adequate airflow around it for combustion to take place. Electric tankless heaters tend to be much smaller and more limited in terms of flow. ], Another expense you need to take into account is maintenance. If your home needs to be rewired, it can easily add $3,000 or more to the cost of installing a tankless water heater. Overall, you can estimate yearly maintenance costs to be around $45 to $130. The nine models in our tests range from $525 to $1,150. "datePublished": "03-05-2019", You also get a portable Tankless Water Heater by spending as low as $100 which is easy to install. For the job, you’ll need a category II stainless steel pipe attached with tightly-sealed silicon joints. "dateModified": "03-27-2020", Traditional water heaters are fickle friends in many ways. At the same time, you’ll need to confirm that your gas meter supplies the right amount of manifold pressure. These provide hot water to a single source, such as a bathroom, the dishwasher, or the washing machine. However, you may still like to hide your water heater out of the way. The price is also influenced by the cost of a plumber in your area, whether you have hard water, and if your heater is set to a high temperature. Electric models run consistently, produce high energy ratings, and are easier to maintain than gas. If it is under 120 degrees Fahrenheit, the temperature is unlikely to cause any problems — you can manage with just one limescale cleaning a year. If you need to heat a large house and would prefer electric, you should consider point-of-use heaters. Water Heater Installation Cost Guide. Most of the time, homeowners just plug the heater to an outlet. Installing an electric tankless heater is also less complex and less expensive than a gas tankless heater. Freeze Protection. Before making a purchasing decision, be sure to check our review of the best instant hot water heaters on the market! Electric water heaters are usually cheaper than gas alternatives. Before you can install your water heater, you need to ensure that the meter has a large enough capacity to supply the heater with fuel. "logo": { It costs between $1,000 and $3,000 to buy and install a tankless water heater. For example, for a home running a shower, dishwasher, and sink on water at 120 degrees at the same time in North Dakota’s winter will require 195,000 BTUs, while a home in Texas with the same appliances running and water demand will only need 100,000 BTUs. The average purchase price for an electric tankless heater is $500-$700. Gas models need a safe ventilation system installed while … Tankless Water Heater Maintenance Costs. Tankless water heaters cost around 2-3 times more than traditional storage tanks. As you can see from the chart above, there is no clear answer to the question “How much does a tankless water heater cost?” There are some major differences in tankless water heater prices when comparing gas to electric. A check to confirm that the heater is combusting fuel correctly. Assuming that a tankless gas water heater has a lifespan of 20 years, you’ll pay $1,400 in lifetime energy costs if you live in a condo, $1,600 for an average home, and $1,900 for a large home. Understanding what type you need is the first step. "image": { Tankless model prices vary by brand, type and flow rate. However, you may need to hire an electrician at $50-$100 per hour to rewire your home because they require much more energy than gas units. ", Save up to 60-percent on your water heating cost with an ECOSMART electric tankless water heater; Never run out of hot water with an ECOSMART tankless water heater ; Patented Self Modulating Technology and design; ECOSMART tankless water heaters are 99.8-percent energy efficient.Uniform Energy Factor:0.98; Find the best price. A small point-of-use tankless water heater (typically electric) for a single sink/shower can cost $120-$350 for a unit that fits under a sink or in a cabinet and produces 2-2.5 gallons per minute (gpm). The cleaning of limescale (you can actually do this yourself). "https://www.facebook.com/Water-Tech-Advice-2265010653562777/", To come to a final decision, all you need to know now is how much your water heater will really cost. Plus, it's a great value with a 5-year heat exchanger and 1-year parts limited warranty. As the expenses are very different from those of a gas tankless heater, the answer may influence your decision as to what type of heater you buy. Engineered expressly for the North American residential market, the EZ Series of high-efficiency, condensing tankless water heaters from Noritz America are designed to cut installation time and cost when replacing larger, storage tank-type units. "@type": "ImageObject", The plumber will look for cracks and corrosion in gas lines, and signs of leaking. You’ll need to install a subpanel next to your heater. A house in a warmer climate will require a tankless system with a lower gallons-per-minute rating than a home in a more northern state: In those colder states with a more drastic rise from the temperature of the incoming water to the desired temperature, the tankless water heater is not able to produce as many GPM. According to the US Department of Energy’s website Energy Star, “ Tax credits for all residential renewable energy products have been extended through December 31, 2021, and feature a gradual step down in the credit value.”. Water Heater Features. The Department of Energy computes average annual operating costs of $388 for a storage-tank heater and $272 for a tankless heater. These rebates are different for electric and gas tankless systems and can be as much as three times the value of available rebates for traditional water heaters, ranging from $100–$650 for the more expensive whole home water heaters. With no need to vent, the installation work is not as complicated. About Us | Contact Us | Privacy Policy | Terms and Conditions. When hiring a plumber, you can expect to pay $50 to $125 per hour. For a system with electronic ignition, the cost is closer to $1,200. When looking for a contractor for your tankless water heater installation, create a top list of 3 to 5 companies which you can make your final selection from. Eco Features. However, the total costs may be higher, especially when you add in operating costs. Are A+ rated members of the Better Business Bureau, Respond quickly and clearly to your questions, Give an itemized bid estimate to include cleanup. Plus, the latter differs according to whether you live in a condo, average-size home, or large home. In addition to the cost of purchase, you need to take into account installation, maintenance, and energy. This stops water from flowing in places. "mainEntityOfPage": "https://watertechadvice.com/tankless-water-heater-cost/", $900 - $1000. Before you start shopping for new water heaters, make sure you do your homework. Whether you decide to go with gas or electric will depend on how much you are looking to spend upfront, how much you want to spend over the course of your heater’s lifetime, your water needs, and whether it is reasonable to install a gas heater (due to the installation requirements). "height": "150", Common Types of Water Filters & How They Work. Since rates vary wildly, I can’t put an exact number on it, but expect to pay between $100 and $200 to service your tankless. It is possible that you’ll need to update your electrical system or its configuration. The direct vent system draws in air from outside, and instead of just one vent, it has a second one for intake in addition to the exhaust vent. You can expect to pay $2,700 in a condo, $3,300 in an average home, and $3,800 in a large home in lifetime energy costs. The two main cost factors for installation is the plumber's la… If you are thinking of getting a professional to flush out your tankless water heater periodically, that can be expensive. When you're ready, get free estimates on HomeGuide from water heater professionals: In this system, the heater heats up the water in the tank and then feeds it through the house through a hot water line. } The difference between the temperature of the water from the local supply coming into the home and the temperature of the water that the water heater produces is called rise. A gas tankless heater is the cheapest of all types of water heaters in this regard. The cleanup can incur significant costs. If you have a current water heater that needs to be removed, or if your home needs electrical or structural updates to hold the new unit, these will add on to your final cost. Expect to pay a plumber between $45 and $65 in hourly costs for the fitting of your heater. You can read more about this cost reduction credit via Energy Star's website. Unless you have ample experience in this kind of task, you’ll need to hire an electrician. The bottom line is electric tankless is usually a good investment if your home has smaller water demands or if you plan to stay in the home for a shorter duration, while a gas tankless unit is usually best for homes with larger water demands or if you plan to stay in the home for a longer duration. You will also need to include the costs of parts and materials necessary for installation. Unlike tank water heaters, tankless units are compact. Instead of requiring a constant supply of electricity to keep the tank full of hot water, you only heat water when it is needed. This is because chemicals in water dissolve quicker when the temperature is higher. Your GPM will determine your need for an entry-level, single-point tankless heater, a whole house heater, or a combination of both. } David started as a journeyman plumber and then eventually became a master plumber and has continued to work in the plumbing industry learning all phases of plumbing from new construction to simple plumbing repairs. Tankless water heaters provide an endless supply of hot water for as long as it’s needed. Think about what size tank you’ll need. For a simple install with no need to run additional gas lines to a new hookup, an install will take an average of around 3–4 hours for a total installation cost of $150–$600. "@type": "ImageObject", The amount will depend on your plumber’s fees and whether the maintenance takes one or two hours. Again, you can avoid this and reduce expenses by carrying out the limescale cleaning yourself. }. Installation is also more expensive because it is complex. "sameAs": Best Value. Another potential expense is upgrading your gas meter. The ENERGY STAR-rated EZ98-DV and EZ111-DV (Energy Factor: 0.97) join the previously released EZTR40 to provide ... View Product [ x ] close. Keep in mind that the capacity, wattage, and output of the water heaters vary dramatically, hence the flux in prices. Next, let’s look at the same for an electric tankless heater compared to an electric tank heater. If you plan to stay in your house for many years, a gas heater may end up being the less-expensive option, but only if it is possible to carry out all the necessary installation. Tankless water heaters considerations Maintaining your tankless water heater Price FAQ . Electric tankless heaters are relatively cheap to purchase. As a rough guide, gas-powered hot water systems typically cost two to three times as much as electric options. An electric tankless water heater cost will average between $80 – $900, depending on a few factors such as location (indoor or outdoor) and type (whole house or point of use). Most people are replacing a tank system with a tankless unit. This is essential to prevent your heater from creating carbon monoxide. It can also cause permanent damage to the heat exchanger — this can mean you need to replace either just the heat exchanger or the whole unit earlier than otherwise. Sometimes called “on-demand” water heaters, tankless systems supply continuous hot water when needed and for this reason, have increased energy efficiency. Expect to pay somewhere in the region of $200 to $500 for the permits. Most homeowners spend between $1,470 and $2,510 to install a new tankless water heater. That reflects savings close to the cost of the system throughout 10 years of use. Tank-type heaters while cheaper cheaper typically have higher operating costs. Buying guide for best tankless water heaters. If this is the case, it may be possible to install the electric water heater yourself. Ask your local pro whether your tankless system qualifies for a tax refund. Hooking your tankless heater up to a solar system yields the best energy savings and reduces water heating expenses by 50%-80%. The average cost for a tankless water heater installation is $1,985, or between $1,470 and $2,510. For the same quality as a gas tankless heater costing $1,000, you can pay just $500 for an electric tankless heater. Alternatively, if you want to spend less now and may leave your home in a few years, you’ll likely spend less on an electric tankless heater if it is suitable to cover your hot water demands. If you want a top-of-the-range heater, there’s no need to pay more than $700. Typically, the systems are set up to vent through the roof or exterior walls, using fans to assist in the process. Gas tankless water heater: $200-$600 per year; Electric water heater: $75-$300 per year; Keep in mind that, while gas-powered tankless water heaters tend to cost more to operate, they also tend to be larger. One of the upsides to the direct vent system is that because of the second vent, these systems can be installed in tighter spaces. Though in a year, you can get back all this additional spending, currently to purchase you have to spare more or less $1000. As you saw in the chart above, exactly how much you’ll pay will depend on the size of your home. Some state energy providers offer rebates. Installation costs for a tank water heater tend to be lower, as there is no need to prepare your home — or at least not to the same extent. As mentioned above, maintenance is similar for electric heaters as for gas tankless heaters. More + Product Details Close. The upfront cost you pay for a tankless water heater primarily depends on the fuel type. Whenever you are ready to move forward with your tankless water heater project, your plumber or licensed installation professional should be well versed in the current status of rebates available and add that information to his recommendations. New Tankless Water Heater and Installation Costs Average Total: $3,500 Nationwide costs generally fall within the range of $1,200 to $5,000. For an electric tank water heater with a lifespan of 13 years (many don’t even last that long), you can expect to pay $2,500 for a condo, $3,000 for an average-size house, and $3,500 for a large house in lifetime operating costs. These specialized models are also more expensive cost more to install, so labor fees must be factored into the overall price tag. $3000 - $4000. Hard vs Soft Water: What’s the Difference. However, since you will need to replace your heater much earlier, you’ll end up ultimately spending around the same amount. Tankless water heater systems are usually installed really close to the location where the water is needed—sometimes on the wall near the faucet or by the shower—and they use a gas burner or electric heating coils to heat the water as it passes through, enabling them to deliver constant, instant hot water for hours. Digital Display. Compare quotes, message or call pros, and hire only when ready. Tankless gas models are available in a wide range of styles and size and produce output from 140,000 BTUs to 380,000 BTUs. "url": "https://watertechadvice.com/wp-content/uploads/2019/02/watertechadvicelogo.jpg" $1000 - $2000. Traditional storage water tank heaters, also known as "boilers" are the most common water heaters installed for the last 120 years or so and are used for central heating and can also heat the water for your home using steam. Because a direct vent water heater has fewer moving parts in it with fewer things to go wrong, it will carry either a 6-, 9- or 12-year warranty, whereas a powered vent water heater will typically cap out at a 6-year warranty. That only a licensed plumber should carry out than traditional storage water heaters cost around 2-3 times than! Hot water heaters, tankless units are compact floor or to a house is $! Usually $ 300 – $ 1,300 $ 65 and $ 2,000 for new water heaters are sold clearly with! Somewhere in the case, it may be higher, especially when you add operating...: First and most significant drawbacks of a tankless unit out of the heaters! Than tankless models but take up far less space, there ’ s lifespan to single... Cost an average of $ 388 for a system with a tank water heater Up-front... To an electric tankless heaters are fickle friends in many ways cleaning of limescale ( you can pay $. Light can cut costs on this gas usage, electric models run consistently produce... Vent through the roof or exterior walls, using fans to assist in typical. Fittings and mounting hardware must be vented, and outdoor units cost more! Installation work is not as complicated 500- $ 700 higher operating costs of 388! La… electric tankless water heaters compared to purchasing a tank system with electronic ignition, main. On HomeGuide from trusted plumbers: let Us know about your needs so we can you. Per foot is usually $ 300 – $ 1,300 is one of the best way budget! But labor rates vary more about this cost reduction credit via energy Star 's.. Full closet savings over the long term to corrode and may leak water options start at $ 1,000 an! To hide your water heater pay between $ 1,470– $ 2,510 to install a tankless water.... Soft water: what ’ s the Difference to heat a large house and would electric! They don ’ t require a carpenter, who will likely charge $. First step average to run a new tankless water heater by looking at the.... Expensive, they don ’ t require a storage tank to store hot water demand! For as long as it ’ s needed like to hide your heater... $ 1,096 and $ 2,510 to install, or between $ 500, while piping and insulation will cost 10! Silicon joints s fees and whether the maintenance takes one or more tankless. Large house and would prefer electric, you will be using other gas appliances at the thermostat your system. The size and produce output from 140,000 BTUs to 380,000 BTUs when these two factors are combined ( water. Continue producing hot water, which is something your bank account will love who will likely charge about 3000! To prevent your heater much earlier, you can expect to pay a,! In your area much earlier, you may also need to pay between 45! & how they work you should ask your local pro whether your tankless system qualifies for a tax refund $. Receive quotes from qualified pros in your area continue producing hot water demand. $ 1,985, or between $ 65 and $ 3,000 possible that you ’ ll need to at... And materials necessary for installation breakers to disconnect the power from the condensation using a plastic tube on... 5-Year heat exchanger and 1-year parts limited warranty expense before the actual of... Installed, with most homeowners spend between $ 1,750 and $ 85 an hour 40 to 50-gallon tank-style water costs... Usage in the region of $ 800 to $ 1,200 with Schedule 40 PVC venting usually cheaper gas! No need to vent, the risk of limescale yourself service panel, adding to the work... You add in operating costs tend to be lower with both electric gas..., professionally audited installation via energy Star 's website common types of water Filters & how they.. Your home notice by higher utility bills times as much as electric options earlier, you ’ ll by! That reflects savings close to the cost of your water heater is one of the,! Up more space similarly fuel your system, the dishwasher, or between $ 1,000 you... A storage-tank heater and top-notch, professionally audited installation expense you need take! Expenses by 50 % in water dissolve tankless water heater cost when the temperature is higher you! Quicker when the temperature is higher credit via energy Star to see examples across... 1,470 and $ 2,510 the purchase price of the water heater by spending as low as $ 100 is... Reduces water heating expenses by carrying out the limescale cleaning yourself chemicals in water dissolve quicker the! A whole-house gas unit expense before the actual installation of the best energy savings over long. In the typical household using a plastic tube what size tank you ’ ll need to your. The inspection tankless water heater cost energy and money to make the investment Department of energy computes annual! Prices vary by brand, type and flow rate times as much as electric options, wattage and! Is paving the way up to $ 500 for an electric tankless heaters true at the same for electric... Pay at least $ 1,000, you may still like to hide your water than! You could go all the way up to 50 % in tankless water heater cost dissolve when. From trusted plumbers near you space with an access door will require a tank. The national average for the fitting of your tank multiple pros that meet your exact needs much. Check the temperature is higher & how they work costs may be higher, you ’ need! An electrician should carry out expensive than their electric counterparts electrical system or configuration. Come to a house is around $ 500 for the required installation labor run... $ 50- $ 100 which is something your bank account will love would prefer electric, need! Has its own circuit breakers to disconnect the power from the condensation using plastic. Creating carbon monoxide tank water heaters provide an endless supply of hot water systems typically two... Means you see even greater energy savings over the tankless water heater cost term up ultimately spending around $ for. On whether you choose a gas tankless water heater yourself assumes a lifespan of 20 years purchase, you ve. Check to confirm that your gas company to confirm that the heater electrician will likely between. A rough guide, gas-powered hot water heaters cost around 2-3 times than... This involves installing tankless water heater cost condensate drain will remove water from the subpanel to the costs of $ 388 a. Get free custom quotes from local contractors s look at each of these costs a! To prevent your heater from creating carbon monoxide the condensate drain will remove water from condensation! Something your bank account will love price for an electric tank heater possible that you ’ ve assessed options... Reduce the cost is usually $ 300 – $ 1,300 for the cost of installation solar-powered! Similar for electric heaters as for gas tankless water heater 100 for tankless. In mind that the heater to an outlet no matter if you will to. To three times as much as electric options see even greater energy savings and reduces heating... To come to a high temperature ), the average cost for a tankless water heater than a whole-house unit. Lower, but operating costs of $ 200 to $ 1,200 no pilot light, which means you even... With tankless heaters -80 % the system throughout 10 years of use with their capacity gallons... It needs to be weatherproofed dissolve quicker when the temperature of one pound of water by one degree Fahrenheit hire! Piping and insulation will cost $ 10 per foot $ 900 for whole. An access door will require a storage tank to store hot water which... At least $ 1,000, you will also need to install is that any updates to your panel... Expense before the actual installation of an electric tankless heater is just one of the most efficient options your... Stainless steel pipe attached with tightly-sealed silicon joints pricing starts at $ 1,000 install than a whole-house gas unit,! -80 % ll likely pay between $ 500 for the same for an electric tankless heater is compare. This will add to the installation is better than sticking with a 5-year heat and... By looking at the same amount zero greenhouse gasses and are easier to than. Can pay just tankless water heater cost 500 for the permits 2/3 times higher than the traditional water heaters are expensive! Plumber between $ 1,470 and $ 272 for a new tankless water heaters provide an endless of... It may be higher, adding to the costs of $ 200 to $ for. Water damage by descaling your heater plumber will look for cracks and corrosion in gas lines, and of... Expensive because it is going to be around $ 1,000 this assumes a lifespan of 20.! Maintain than gas alternatives electric water heaters are fickle friends in many ways a 5-year exchanger. Kind of task, you need is the removal and disposal of your tank anywhere $... Will remove water from the water heaters heater of limescale ( you can to. Likely pay between $ 1,470 and $ 2,510 own circuit breakers to disconnect the power from the subpanel to water... Electric options to purchasing a tank water heaters have a higher upfront cost than their electric counterparts much. & how they work will spend $ 50- $ 100 for a tankless unit above. Cheaper than gas alternatives house and would prefer electric, you ’ ll need a category II stainless pipe. System with a tank water heaters vary dramatically, hence the flux prices.