Tankless Water Heater Cost 2017

The best way to budget for a new tankless water heater is to compare quotes from local contractors.

Tankless water heater cost 2017. Units are designed to be highly efficient and only heat water when it s needed. Best seller rheem performance 36 kw self modulating 7 03 gpm tankless electric water heater. Additional fees are typically charged for small projects or rush jobs. Nationwide costs generally fall within the range of 1 200 to 5 000.

Tankless water heaters typically last up to 20 years twice as long as a tank style unit. Take advantage of up to 40 energy savings with a tankless water heater. Tankless water heater cost. Tankless water heater cost a tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary.

865 549 00. Costs vary with project size job quality and time of year. You can get a decent gas powered traditional water heater for 500 while a tankless model will cost around 1200. Traditional water heaters can take up to 16 square feet of valuable floor space.

New tankless water heater and installation costs. There is a wide range of prices for both traditional and tankless models depending on brand power and energy efficiency. For typical tankless gas water heater installation expect to pay between 213 00 to 426 00 for each tankless gas water heater. Super high efficiency condensing tanklessnatural gas 0 92 201 super high efficiency condensing tanklesspropane 0 92 487 as based on the average cost to run an electric tank water heater per the department of energy doe average energy costs doe gov 2017.

549 00 unit 549 00. Tankless models do cost more than traditional water heaters. Tankless model prices vary by brand type and flow rate. Tankless water heaters cost around 2 3 times more than traditional storage tanks.

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 for a tankless water heater installation is 1 985 or between 1 470 2 510. Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water. 549 00 unit no rebates.