Tankless water heaters are becoming more popular due to their many benefits for residential and commercial buildings.
The national average price for installing a tankless water heater ranges from $2,500 to $4,000. Prices can vary depending on many factors.
We are here to answer all your queries about the price of tankless water heaters, so read on!
Factors That Could Affect the Cost of Your Heater
Not every tankless water heater costs the same. It depends on many factors. However, we want you and your family to get some peace of mind, which is why we care about you understanding the costs of a tankless water heater installation:
- Safe water heater installation practices
- Professional service
- Type of heater
Not all companies use top-of-the-notch materials for your heater. It’s best to find plumbing professionals who only use the best out there, which guarantees your heaters are durable and reliable.
Safe Installation Practices
Expert plumbers are prepared to install your tankless units without any issues. They follow the proper installation practices when they go to your property and are never afraid to pull out a permit if they need to.
The last factor that could affect the cost of your tankless hot water heater is, of course, whether or not you hire professionals to do the job.
Type of Heater
The kind of heat exchanger you choose might make the price vary. Not all storage water heaters cost the same, so you need to find one that fits your budget.
[Related: Ultimate Buying Guide: Water Heaters]
What Are the Benefits of Getting a Tankless Heater?
Traditional water heaters may be useful, but they can’t provide the benefits a tankless unit can give you. Take a look at everything you might get:
- Instant hot water
- Wireless connectivity to know when the unit needs maintenance
- Energy savings
- Money savings
- Leak and water damage prevention
With an electric unit or a gas tankless water heater, you don’t have to worry about possible damages to your home because there aren’t any tanks to fill. At the same time, you can save energy and money!
Should You Get Tankless Water Heaters, or Should You Go the Traditional Way?
Tankless models are very different from traditional ones. With a traditional water heater, the tank preheats the hot water and stores it in there until you need it. Once it’s empty, the process starts again.
Electric models or tankless gas units work differently. These heaters use a tankless system to provide you with hot water.
Should You Get an Electric Tankless Water Heater or a Gas One?
A natural gas water heater might sound ideal for some, while others prefer an electric water heater. The main difference between them is the price. Thus, the tankless water heater cost is essential to determine which model is the right one for you.
According to Bankrate, electric heaters are usually $500 – $700, whereas gas ones can range from $1000 to $2000. Additionally, if you get a tankless gas water heater, you probably need to spend more money on the installation because they need a special ventilation system.
Get Professional Tankless Water Heater Service
Tankless water heater prices vary depending on various factors, such as the materials used or the model you choose. While propane tankless heaters might be the right option for some, you should examine all storage tank water heaters before you make your choice.
Lastly, Stellar Plumbing is here to help you with your tankless water heater maintenance and installation! We are professionals in the field, and we would love to guide you through the process.
Call us today to get a quotation or book an appointment!