Tankless water heaters typically last up to 20 years twice as long as a tank style unit.
Tankless gas water heater cost of installation.
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.
Gas tankless water heater prices.
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.
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.
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.
Electric tankless water heaters also cost less to install than gas units.
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.
The installation costs for electric systems range from 800 to 1 500 while installation for gas units cost between 1 000 and 1 500.
A tankless water heater will cost 1 950 installed.
Gas water heaters require venting to prevent the buildup of harmful gases inside the home.
Tankless water heater cost.
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.
Tankless water heater cost.
The best way to budget for a new tankless water heater is to compare quotes from local contractors.
Labor cost to install water heater.
For additional details on the cost of having a tankless water heater installed visit our cost guide.
Traditional water heaters can take up to 16 square feet of valuable floor space.
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.