Average Price Of Tankless Water Heater

New tankless water heater and installation costs.

Average price of 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. The best way to budget for a new tankless water heater is to compare quotes from local contractors. Performance platinum tankless gas water heater. Atmor 8 5kw 240 volt 1 23 gpm electric tankless water heater with pressure relief device on demand water heater 2 pack 3 see lower price in cart.

266 1 299 00. Tankless water heaters typically last up to 20 years twice as long as a tank style unit. Sep 03 2020 the expresswire final report will add the analysis of the impact of covid 19 on this industry tankless electric water heater market. A tankless water heater is one way to ensure that you never again experience any unexpected cold showers.

If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater. But these devices don t come cheap. Factors that determine your tankless water heater cost. Atmor pro 24 000 watt 4 65 gpm electric tankless water heater ideal for 2 bedroom home up to 5 simultaneous applications.

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. Best seller rheem performance platinum 9 5 gpm natural gas high efficiency indoor tankless water heater. Traditional water heaters can take up to 16 square feet of valuable floor space. Tankless water heater cost tankless water heaters cost around 2 3 times more than traditional storage tanks.

1299 00 unit 1 299 00. Nationwide costs generally fall within the range of 1 200 to 5 000. The average cost of a tankless water heater with. Tankless model prices vary by brand type and flow rate.

The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510. As far as the equipment costs are concerned electric units typically cost about 600 and gas units usually cost around 1 100.