Electric 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.

Electric tankless water heater cost.

The gas and the electric storage tank water. Our whole home gas and electric models are great for homes with busy families homes with luxury bathrooms and vacation homes while our point of use electric models are ideal for a single faucet or shower. Most tankless water heaters have a life expectancy of more than 20 years. Stiebel eltron tempra 36 plus 240 volt 36 kw 7 03 gpm tankless electric water heater.

Tankless water heaters cost around 2 3 times more than traditional storage tanks. The initial cost of a tankless water heater is greater than that of a conventional storage water heater but tankless water heaters will typically last longer and have lower operating and energy costs which could offset its higher purchase price. Tankless water heaters tend to cost more up front than storage tank models. A tankless unit uses 30 to 50 percent less energy than a standard water heater saving the average family more than 100 a year on heating costs.

Traditional water heaters can take up to 16 square feet of valuable floor space. Tankless water heaters typically last up to 20 years twice as long as a tank style unit. Rheem performance tankless electric water heaters help reduce rheem performance tankless electric water heaters help reduce energy usage save on energy costs and provide the comfort and convenience of continuous hot water on demand. Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities.

Enjoy the comfort and convenience of continuous hot water on demand with a rheem tankless water heater. Tankless water heater cost. 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 nine models in our tests range from 525 to 1 150.