Electric tankless heaters are relatively cheap to purchase.
Gas tankless water heater cost with installation.
New tankless water heater and installation costs.
Actual costs will depend on job size conditions and options.
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 low end tankless model costs about 430 minus installation while the average purchased model costs around 1 200 tankless hot water system pricing and installation cost checklist.
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.
The average purchase price for an electric tankless heater is 500 700.
To estimate costs for your project.
Ask your local pro whether your tankless system qualifies for a tax refund.
Tankless model prices vary by brand type and flow rate.
The cost to add the gas line is somewhat expensive at 500.
If you want a top of the range heater there s no need to pay more than 700.
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 best way to budget for a new tankless water heater is to compare quotes from local contractors.
A tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary.
While these units will similarly fuel your system the main differences occur in operating cost.
For the same quality as a gas tankless heater costing 1 000 you can pay just 500 for an electric tankless heater.