Price of tankless water heater installed
How much does a tankless water heater cost with installation?
Gas water heaters with storage tanks usually range from $850 to $1,500, again with larger tanks costing more. Tanks usually fall between 135 and 360 litres in size. Tankless gas systems usually range between $750 and $1,600.
What is the downside of a tankless water heater?
The primary disadvantage of on demand or instant hot water heaters is the upfront cost. The smaller units that you often see won’t produce enough hot water to serve most households. They’ll only serve one faucet at a time—a problem if you want to shower while the dishwasher is running.
Is a tankless water heater worth the cost?
While month-to-month water heating costs are cheaper with a tankless unit, it could take years to make up for the high initial cost. Over time, a homeowner will likely come out ahead, but according to Consumer Reports, the energy savings for going tankless add up to $75 per year, on average.
What is the lifespan of a tankless water heater?
Most tankless water heaters have a life expectancy of more than 20 years. They also have easily replaceable parts that extend their life by many more years. In contrast, storage water heaters last 10–15 years.
Can a homeowner install a tankless water heater?
Installation. While it is possible to install your own tankless water heater, it’s not a job for inexperienced do-it-yourselfers. There are a number of different sizes and styles of tankless water heaters, including propane, natural gas and electric, along with single-room or whole-house sized models.
Where should a tankless water heater be installed?
The ideal location for your water heater is inside the home. Most installations are small and unobtrusive so they will easily fit in a pantry, under the stairs, or under your sink. If you must place the water heater outside, make sure it’s safe from direct sunlight, rain, and insects.
What size of tankless water heater do I need?
Answer: You’ll need to raise the incoming water temperature from 40 degrees to 105. You’ll need to be able to heat at least 5.2 gallons of water. So you’ll need a tankless water heater that can produce at least a 60 degree rise in temperature at 5.2 gallons per minute.
Do tankless water heaters need maintenance?
Tankless water heater maintenance is a must and should be done at least once a year. Also commonly referred to as an on-demand water heater, the tankless water heater may need maintenance every six months if your water heater is set to a high temperature or if you have hard water.
How many tankless heaters do I need?
For larger households that typically use more than 85 gallons per day, two tankless systems, or the largest available model, are likely needed. For smaller households that use under 40 gallons per day, one unit should suffice.
Can a hot water heater last 20 years?
A tankless water heater can last up to 20 years, sometimes even longer. Also called “on-demand” water heaters, these appliances do not work continuously to maintain a supply of hot water—and, as a result, they last longer than their tank-style counterparts.
Why do tankless water heaters cost more to install?
In general, purchasing and installing a tankless water heater costs about 2 to 2.5 times as much as a standard water heater because of the higher production costs of the unit, venting, and resizing the gas line and gas meter required to support the unit’s demand.
Why does my tankless water heater take so long to get hot?
Some fixture mixing valves also create issues with tankless water heaters because of the way they balance flow between the hot and cold feeds. Most gas tankless water heaters also have a 10–15 second delay as they go through their ignition sequence.