Water Heater Vs Tankless Cost

Most conventional water heaters cost 300 to 600 less than half the cost of tankless varieties.

Water heater vs tankless cost.

Sometimes called on demand water heaters tankless systems supply continuous hot water when needed and for this reason have increased energy efficiency. They can be output challenged. 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. This makes the final price between 590and 700for the average water heater.

However high efficiency tank water heaters can be pricey running up to 1 500 uninstalled. Installation costs around 45 to 65an hour which adds 90to 200to the total cost. Tankless water heaters tend to cost more up front than storage tank models. Tankless heaters typically cost more to install but have similar purchase costs.

Installation is also cheaper usually about 300 to 500 bringing the total cost in the range of 600 to 1 100. This means when you are simultaneously taking a shower and doing laundry the tankless water heater may fail to keep up with the hot water demand of both. The nine models in our tests range from 525 to 1 150.