Electric Tankless Hot Water Heater Installation Cost

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.

Electric tankless hot water heater installation cost.

The installation costs for electric systems range from 800 to 1 500 while installation for gas units cost between 1 000 and 1 500. Tankless water heaters cost around 2 3 times more than traditional storage tanks. The best way to budget for a new tankless water heater is to compare quotes from local contractors. 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.

Gas water heaters require venting to prevent the buildup of harmful gases inside the home. Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it. Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute. 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.

For additional details on the cost of having a tankless water heater installed visit our cost guide. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities. Gas tankless water heaters usually produce higher flow rates than electric models. Of course if you want to do a little troubleshooting before you request help we respect that.

For a basic project in zip code 47474 with 1 heater the cost to install a tankless electric water heater starts at 1 214 1 429 per heater. Gas tankless water heater prices. Electric tankless water heaters also cost less to install than gas units. Likewise traditional hot water heater replacement costs can be less than you think.

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. Actual costs will depend on job size conditions and options. 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. The low end tankless model costs about 430 minus installation while the average purchased model costs around 1 200.