Electric Tankless Water Heater Installation Cost

Gas tankless water heater prices.

Electric tankless water heater installation cost.

Labor cost to install water heater. The installation costs for electric systems range from 800 to 1 500 while installation for gas units cost between 1 000 and 1 500. Electric tankless water heaters also cost less to install than gas units. 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.

While a standard water heater wastes 30 percent of. Tankless water heater cost. 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. Gas water heaters require venting to prevent the buildup of harmful gases inside the home.

Actual costs will depend on job size conditions and options. Tankless water heaters cost around 2 3 times more than traditional storage tanks. 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 cost to install the actual tankless electric water heater is about the same as a traditional water heater at 90 450 with a gas installation costing about 1 700 including adding the gas line.

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. A tankless water heater will cost 1 950 installed. Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.

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. Likewise traditional hot water heater replacement costs can be less than you think. Gas tankless water heaters usually produce higher flow rates than electric models. Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute.

Of course if you want to do a little troubleshooting before you request help we respect that. For additional details on the cost of having a tankless water heater installed visit our cost guide.