Tankless Water Heater Cost
When you have taken a long shower or bath chances are that you experienced cold water. Now you are wondering what is an average tankless water heater cost for your home. If you have a large family you have definitely experienced cold water issues. A tankless water heater will render endless hot water for all to enjoy. This is by far one of the most popular plumbing improvements that will yield instant results.
Tankless Water Heater Cost An Average
Many homeowners will often ask what the cost might be for this upgrade. This is a great question and we will render an average tankless water heater cost.
The Average Tankless Water Heater Cost Are:
$3,500 – $4,500
This is according to information provided by Fixr – Water Heater Cost.
Many Factors Determine Tankless Water Hater Cost
1 The manufacture that you choose. There are several manufactures that you can choose from. This will affect the cost of the new unit. Rheem offers good units with good warrantees and reasonable costs.
2 The size of the unit that you need. While most homeowners install a single unit a twin unit for more usage will increase the cost. For most homeowners a single standard sized unit is more than sufficient.
3 Gas or electric unit? If you install a natural gas unit you will need a flew for the fumes. You will also need a pop off valve and a expansion tank. You will not need any with the electric however you will need some extra circuit breakers.
Tankless Water Heater Type
Pros & Cons
Gas – Most Efficiency. / Complex install. Need a flew, sweat drainage, expansion tank and pop off valve.
Electric – Simple Install. / Need multiple circuit breakers. Less efficient but more than a tanked unit.
$3,500 on average. Range is from $2,500 – $6,500 + for a twin unit.
$2,000 on average. Range is from $1,500 – $5,500 + for a twin unit.
What Are My Savings
With a tankless water heater you will realize a savings day in and day out. Something to think about, your tanked water heater is constantly keeping 30 – 50 gallons on average hot 24/7/365. That is quite the task.
Now with a new tankless water heater you will see a major improvement. The water is ONLY heated when the unit asked for it on demand. So instead of a 24/7/365 demand it boils down to maybe 2 – 3 hours out of each day on average.
You can realize between -20 – 70% of savings for a tankless vs a tanked unit.
Below we have provided some helpful web links. This will help you to make an educated and informative decision.
- Abacus Tankless Water Heaters Investment
- Home Advisor Tankless Water Heater
- Bankrate Cost Of Water Heater
If you are wanting a free estimate for your home along the Wasatch Front we are here to help. Thank you from all of us here at Keemer Plumbing LLC. We also have the Utah EZ Pay Financing to make you new tankless water heater affordable. A new $3,500 tankless unit installed is only $35 a month. Thank you again!