Introduction

Tankless water heaters have become increasingly popular due to their energy efficiency and convenience. However, many homeowners are unclear about the average cost of these units. In this article, we will explain the factors that influence the cost of a tankless water heater and provide an overview of the average cost.

Factors That Affect the Cost of a Tankless Water Heater

• Size: The size of the unit is one of the primary factors that affect the cost. Larger units that can support high-demand households will generally cost more than smaller units.

• Type: There are two types of tankless water heaters: electric and gas. Gas units are typically more expensive due to the additional installation requirements and the cost of gas lines.

• Installation: Installation costs will vary depending on the complexity of the installation and the location of the unit. Some homes may require additional electrical or plumbing work to accommodate a tankless water heater.

• Brand: The brand of the unit can also affect the cost. High-end brands with advanced features will generally cost more than budget-friendly options.

Average Cost of a Tankless Water Heater

The average cost of a tankless water heater ranges from $1,500 to $4,500, including installation. Electric units are generally less expensive, with an average cost of $1,500 to $2,500, while gas units can cost between $2,000 and $4,500.

Conclusion

The cost of a tankless water heater will depend on several factors, including the size, type, installation, and brand. While the upfront cost may be higher than a traditional water heater, the energy efficiency and long-term cost savings may make it a worthwhile investment for many homeowners.