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.

Installation is also cheaper usually about 300 to 500 bringing the total cost in the range of 600 to 1 100. However high efficiency tank water heaters can be pricey running up to 1 500 uninstalled. Installation will cost you more at least 800 to. Tankless heaters typically cost more to install but have similar purchase costs.

This makes the final price between 590and 700for the average water heater. When compared with typical electric storage tank models propane tankless systems save more than 150 in annual energy costs. The nine models in our tests range from 525 to 1 150. 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. Installation costs around 45 to 65an hour which adds 90to 200to the total cost. The cost of a tankless water heater can range anywhere from 2 000 4 500 compared to a storage tank water heater which ranges from about 500 800.