Estimated Cost To Install Tankless Water Heater

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.
Estimated cost to install tankless water heater. Water heater installation cost. Tankless water heaters cost around 2 3 times more than traditional storage tanks. Tankless water heater cost. The cost of water heated by electric is 100 per year more than gas.
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. For a basic project in zip code 47474 with 1 heater the cost to install a tankless hot water heater starts at 2 107 2 439 per heater. While the gas heater is 250 1 200. The cost of installing a tankless water heater can vary greatly depending on the heater model along with its features and capacities.
The low end tankless model costs about 430 minus installation while the average purchased model costs around 1 200. 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. Plus a gas heater costs less initially. Typically tankless water heaters provide hot water at a rate of 2 to 5 gallons 7 6 to 15 2 liters per minute.
Water heaters cost 300 to 2 000 for the unit alone while plumber labor runs 45 to 150 per hour the length of the job averages 2 to 3 hours. Gas tankless water heaters usually produce higher flow rates than electric models. The best way to budget for a new tankless water heater is to compare quotes from local contractors. Actual costs will depend on job size conditions and options.
For additional details on the cost of having a tankless water heater installed visit our cost guide. Solar powered and propane 1 tankless heaters for example are more costly on average than simple electric heaters. 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. Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it.
Get free estimates from water heater installers near you. Installing a water heater costs 804 and 1 548 or an average of 1 161 including the unit and labor tankless heaters cost about 1 000 to 3 000. Tankless water heater cost. Tankless water heater calculator.
These units do not store hot water but rather heat it as needed which saves energy. The 40 50 gallon water heater with a tank is about 350 3 000.