Tankless Hot Water Heater Cost Comparison

The nine models in our tests range from 525 to 1 150.

Tankless hot water heater cost comparison.

While there are models in this low price band they come with some limitations some are only powered by propane which adds complexity to the installation and ongoing use while others are geared for only warmer climates or for instances where only one usage such as a sink is needed. Installation costs around 45 to 65an hour which adds 90to 200to the total cost. Tankless heaters typically cost more to install but have similar purchase costs. Installation will cost you more at least 800 to.

The home depot offers traditional water heater tanks and modern tankless units both powered by either gas or electricity. Sometimes called on demand water heaters tankless systems supply continuous hot water when needed and for this reason have increased energy efficiency. Depending on your selection the average cost for water heater installation is between 1 000 to 3 000. Budget about about 1 000 to 1 500 for that work which brings the total cost to about 1 800 to 3 000.

Price determines quality levels and functions of products so does the costs of a tankless water heater. The average residential model usually costs anywhere from 800 to 1 500. Tankless water heaters can last up to 20 years which is about twice that of a standard hot water heater. When compared with typical electric storage tank models propane tankless systems save more than 150 in annual energy costs.

According to home depot it costs between 2 044 to 5 898 with the average being 2 979 to have a tankless water heater installed accounting for the heater installation materials any. Best price tankless water heater price comparison how much is a tankless water heater. Tankless water heaters are more expensive than their traditional counterparts. Its price ranges from 100 to 1000 varies according to power source and water flow capacity.