Cost Of Changing To Tankless Water Heater

Tankless water heater installation costs tankless water heater calculator.

Cost of changing to tankless water heater.

If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater. With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500. In fact you could save up to one fourth of your overall energy costs by installing tankless technology. Nationwide costs generally fall within the range of 1 200 to 5 000.

An electric tankless unit will cost about 500 to 700 roughly the same as a traditional tank model while the cost of a gas tankless heater runs about 1 000 to 1 200. The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. 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. Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.

Tankless units are more expensive. New tankless water heater and installation costs. But the initial cost is around 3 000. Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.