Electric Tankless Hot Water Heater Installation Cost

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Electric 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 water heaters cost around 2 3 times more than traditional storage tanks. Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute. Electric tankless water heaters also cost less to install than gas units.

A tankless water heater costs about 2 112 to install or between 1 085 and 3 144 but labor rates vary tankless model prices vary by brand type and flow rate. Tankless water heater cost. Likewise traditional hot water heater replacement costs can be less than you think. Gas water heaters require venting to prevent the buildup of harmful gases inside the home.

A tankless water heater that is purchased brand new will cost up to 2 000 and a whole house water heater tank costs anywhere from 600 800. Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it. Tankless water heater installation costs will likely be far lower than you anticipate. 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.

Gas tankless water heater prices. The installation costs for electric systems range from 800 to 1 500 while installation for gas units cost between 1 000 and 1 500. The best way to budget for a new tankless water heater is to compare quotes from local contractors. For additional details on the cost of having a tankless water heater installed visit our cost guide.

Actual costs will depend on job size conditions and options. Tankless water heater cost. 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. The cost to install a new water heater ranges from 400 to 900 for a 40 to 50 gallon tank and between 1 470 and 2 510 for a tankless.