Tankless Hot Water Heater Installation Cost

Tankless water heaters also feature a compact space saving wall mounted design.

Tankless hot water heater installation cost.

Gas powered tankless water heaters cost on average 600 more to install than those powered by electricity. Tankless water heaters are installed near the point of use or place where the hot water is needed. 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. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities.

Tankless water heater cost. Tankless water heaters cost around 2 3 times more than traditional storage tanks. Water heater type capacity. A tankless water heater costs about 2 114 to install or between 1 086 and 3 144 but labor rates vary tankless model prices vary by brand type and flow rate.

How does a tankless hot water heater work. The average cost of a tankless water heater installed is around 2 500 4 500. Whole house water heaters which produce more gallons of hot water per minute also cost more than single point units. The cost of a gas powered unit costs around 1 600 without installation.

Tankless units are 24 to 34 percent more energy efficient than conventional hot water heaters and they can last for 20 years or more near twice that of water heater tanks. The best way to budget for a new tankless water heater is to compare quotes from local contractors.