When it comes to installing a tankless water heater in the US, it's important to understand the associated costs. Tankless water heaters, also known as demand-type or instant water heaters, provide hot water on demand without the need for a storage tank. The cost of installation can vary depending on several factors, including the size of the unit, fuel type, and brand.
On average, homeowners can expect to pay around $3,000 for a tankless water heater installation, with costs ranging from $1,000 to $5,500. The size of the unit and whether it is a point-of-use or whole-home unit can also affect the overall cost. Furthermore, different fuel sources, such as electric, natural gas, oil, propane, and solar, come with varying installation expenses. Additionally, the brand of the tankless water heater plays a role in the final cost, with prices ranging from $600 to $2,600.
It's important to consider other factors that can impact the total installation cost as well. Labor costs, materials for installation, home structural changes, and necessary permits are all factors that can contribute to the overall expense. By understanding these factors and their associated costs, homeowners can make informed decisions when it comes to installing a tankless water heater.
Key Takeaways:
- Tankless water heater installation costs in the US generally range from $1,000 to $5,500.
- The size, fuel type, and brand of the unit can affect the installation cost.
- Electric units are typically more affordable, while solar-powered units are the most expensive.
- Labor costs, materials, home structural changes, and permits can impact the total installation cost.
- By considering these factors, homeowners can make informed decisions about their tankless water heater installation.
Types of Tankless Water Heaters and Their Costs
Tankless water heaters come in various types and sizes, each with its own cost considerations. Understanding the different options available can help homeowners make an informed decision based on their specific needs and budget. Here are the types of tankless water heaters and their associated costs:
Whole-Home Tankless Water Heaters
Whole-home tankless water heaters are designed to provide hot water to multiple outlets simultaneously. These units have a higher GPM capacity and are suitable for larger households or properties with high hot water demand. The cost of whole-home tankless water heaters typically ranges from $500 to $2,000, depending on factors such as capacity, brand, and fuel type.
Point-of-Use Tankless Water Heaters
Point-of-use tankless water heaters are smaller units that are installed near the specific outlet where hot water is needed. These units are ideal for smaller homes or areas where hot water demand is limited to specific locations, such as bathrooms or kitchens. Point-of-use tankless water heaters cost between $150 and $500, depending on capacity and brand.
When considering the cost of a tankless water heater, it's important to also take into account the size of the unit. Smaller units with a lower GPM capacity, such as 1-2 GPM, are generally more affordable, ranging from $150 to $250. On the other hand, larger units with a higher GPM capacity, such as 8 GPM or more, can cost $900 or more.
Additionally, the cost of tankless water heaters varies based on the fuel type. Electric units tend to be the most affordable, ranging from $500 to $1,000. Natural gas units are slightly pricier, with costs ranging from $750 to $2,000. Oil-fired units range in cost from $1,000 to $3,000, while propane units cost $500 to $2,000. Solar-powered units are the most expensive, ranging from $1,500 to $4,000.
Tankless Water Heater Type Cost Range Whole-Home $500 - $2,000 Point-of-Use $150 - $500 Electric $500 - $1,000 Natural Gas $750 - $2,000 Oil-Fired $1,000 - $3,000 Propane $500 - $2,000 Solar-Powered $1,500 - $4,000
Factors Affecting Installation Costs
When it comes to the installation of a tankless water heater, several factors can impact the overall cost. One of the major factors is the labor cost, which varies depending on the type of fuel the unit uses. For example, electric units generally have lower labor costs, ranging from $150 to $500, while natural gas or oil-fired units can cost anywhere from $750 to $2,000 for labor.
Additionally, there may be additional materials required for the installation process. These can include gas connector kits, termination vent kits, mounting brackets, fittings, valve sets, piping, and insulation. Depending on the specific needs of the installation, these materials can add an extra cost of $175 or less to the overall expense.
The type of tankless water heater being installed can also affect the installation cost. There are two main types: condensing and non-condensing. Condensing units tend to be more expensive to install due to the additional complexity of their design. Therefore, if you opt for a condensing tankless water heater, expect the installation cost to be slightly higher compared to a non-condensing unit.
Lastly, factors such as the location of the installation, local living costs, and any necessary structural changes to the home can also impact the total installation cost. It's important to consider these factors when budgeting for a tankless water heater installation to ensure you have a clear understanding of the overall expenses involved.
FAQ
What is a tankless water heater?
A tankless water heater, also known as a demand-type or instant water heater, is a heating system that heats water as it is needed, without the use of a storage tank.
How much does it cost to install a tankless water heater?
The cost of a tankless water heater installation varies depending on factors such as the size, fuel type, and brand. On average, homeowners can expect to pay around $3,000, with costs ranging from $1,000 to $5,500.
What factors can affect the installation cost of a tankless water heater?
Several factors can impact the installation cost, including labor costs, materials, home structural changes, permits, and the type of fuel the unit uses.
What types of tankless water heaters are available and how much do they cost?
Tankless water heaters come in whole-home and point-of-use units. Whole-home units range in cost from $500 to $2,000, while point-of-use units cost between $150 and $500. The size and fuel type of the unit also affect the cost.
What are the different fuel types for tankless water heaters?
Tankless water heaters can use electric, natural gas, oil, propane, or solar as fuel sources. Electric units are the most affordable, ranging from $500 to $1,000. Natural gas units range from $750 to $2,000, oil-fired units cost $1,000 to $3,000, propane units range from $500 to $2,000, and solar-powered units are the most expensive, ranging from $1,500 to $4,000.
What other costs should I consider when installing a tankless water heater?
In addition to the cost of the unit and labor, homeowners should also consider the cost of additional materials, such as gas connector kits, termination vent kits, mounting brackets, fittings, valve sets, piping, and insulation. The type of tankless water heater, the location of the installation, and any necessary structural changes to the home can also impact the total installation cost.
