Gas Tankless Hot Water Heater Cost

A tankless unit uses 30 to 50 percent less energy than a standard water heater saving the average family more than 100 a year on heating costs.

Gas tankless hot water heater cost.

Tankless water heaters pros. We rated the annual energy consumption cost excellent for a gas. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200. While a standard water heater wastes 30 percent of.

However this initial investment is often paid back within the life of the unit due to the energy savings. Tankless water heaters of course don t hold much water so the number to look for is the gallons per minute rating gpm. Let s say you spend 2 000 to purchase and install a tankless water heater. Tankless water heater cost.

The cost to install a gas tankless water heater varies significantly according to your current home setup although it tends to be quite expensive whatever your needs. If your annual savings are 100 it would take 20 years the approximate lifespan of a tankless water heater to recoup the cost in energy savings. Tankless water heaters cost around 2 3 times more than traditional storage tanks. The rheem eco200xln3 1 outdoor natural gas tankless water the rheem eco200xln3 1 outdoor natural gas tankless water heater can provide up to 9 5 gpm at a 35 temperature rise.

The average purchase price of a gas tankless heater is 1 000 1 200 gas tankless water heater installation cost. New tankless water heater and installation costs. The 199 900 btu natural gas tankless water heater is designed to supply continuous hot water for up to 3 bathrooms at the same time. The primary advantages of gas tankless water heaters are energy savings space savings and continuous hot water.

Tankless water heaters are also fueled by gas or electricity but they do not store water within the unit. Compact tankless water heaters are small and compact. Department of energy estimates that in homes using 41 gallons or less of hot water on demand tankless units can conserve between 24 to 34 more energy than tank water heaters. That s the number that tells you how much hot water the heater can.

Gas water heaters are expensive to purchase. For a high quality unit you can expect to spend a minimum of 1 000. A gas water heater costs at least twice as much as an electric heater.