Cost Of Changing To Tankless Water Heater

Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.

Cost of changing to tankless water heater.

The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700. Whole house units are more costly but will heat all the water in your home at once. Tankless water heater these units do not store hot water but rather heat it as needed which saves energy.

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. New tankless water heater and installation costs. Tankless water heater installation costs tankless water heater calculator. Tankless units are more expensive.

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