Welcome to our comprehensive guide on tankless hot water heater prices. If you're considering upgrading to a tankless water heater, you're in the right place. In this article, we will discuss the average cost of installation, the benefits and drawbacks of tankless water heaters, factors affecting the cost, and top brands to consider. By the end of this guide, you'll have a clear understanding of tankless water heater prices and be well-equipped to make an informed decision for your home.
Key Takeaways:
- The average cost of installing a tankless water heater ranges between $4,500 and $6,500, with an average of around $5,500.
- Tankless water heaters offer benefits such as energy efficiency, longer lifespan, cost savings on utility bills, and consistent availability of hot water.
- Potential drawbacks include inconsistent water temperatures, higher initial cost, and complex installation requirements.
- Factors that can influence the cost of a tankless water heater include the fuel type chosen, system size, and installation complexity.
- Top tankless water heater brands to consider include Noritz, Navien, Rinnai, Takagi, and Rheem.
Understanding Tankless Water Heaters
Tankless water heaters, also known as on-demand water heaters, provide hot water as it is needed, without the need for a storage tank like traditional water heaters. They work by heating water as it passes through a heat exchanger and distributing it directly to faucets and showers. Tankless water heaters can be powered by either electricity or gas, allowing homeowners to choose the option that best fits their needs and preferences.
In contrast, traditional water heaters store a certain amount of hot water in a tank, which is then distributed as needed. These units can also be fueled by natural gas or electricity. However, unlike tankless water heaters, traditional units can run out of hot water if the amount stored in the tank is depleted. This makes tankless water heaters a popular choice for households with high hot water demand or those who value a continuous supply of hot water.
When considering tankless water heaters, it's important to understand their differences from traditional water heaters. By recognizing the unique features and benefits of tankless units, homeowners can make an informed decision about whether they are the right choice for their home.
Pros of Tankless Water Heaters
Tankless water heaters offer several benefits that make them a popular choice among homeowners. Here are some key advantages:
- Energy Efficiency: Tankless water heaters are highly energy-efficient, heating water only when needed. They can be at least 20% more efficient than traditional tank units, resulting in significant cost savings on utility bills over time.
- Longevity: Tankless water heaters have a longer lifespan compared to traditional tank units. With proper maintenance, they can last up to 20 years, making them a durable and cost-effective investment.
- Cost Savings: Due to their energy efficiency and longer lifespan, tankless water heaters can lead to cost savings in the long run. Although the initial cost may be higher, the lower energy consumption and reduced repair and replacement costs make them a financially advantageous choice.
- Space-Saving Design: Unlike traditional tank units that require significant floor space, tankless water heaters have a compact and space-saving design. They can be mounted on walls, freeing up valuable space in utility rooms or other areas of the home.
- Consistent Availability: With a tankless water heater, hot water is always available on demand. There's no need to worry about running out of hot water, even during peak usage times.
These benefits make tankless water heaters an attractive option for homeowners looking for energy-efficient, long-lasting, and space-saving hot water solutions.
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Cons of Tankless Water Heaters
Tankless water heaters have several drawbacks that homeowners should consider before making a purchase. These drawbacks include:
- Inconsistent water temperatures: One of the main concerns with tankless water heaters is the potential for fluctuating water temperatures. When multiple faucets or fixtures are using hot water simultaneously, there may be a decrease in water temperature, leading to uncomfortable showers or baths. This issue can be mitigated by properly sizing the unit according to the household's hot water demand.
- Higher initial cost: Compared to traditional tank water heaters, tankless units generally have a higher upfront cost. This can be attributed to the advanced technology and components required for their on-demand heating capabilities. However, it's important to note that the long-term energy savings and extended lifespan of tankless water heaters can offset the initial investment.
- Complex installation: Installing a tankless water heater can be more complex compared to traditional tank units. Depending on the existing setup and location, additional measures such as rerouting gas lines or adding ventilation may be necessary. Professional installation is recommended to ensure proper functioning and compliance with safety regulations.
Despite these drawbacks, many homeowners find that the benefits of tankless water heaters outweigh the cons. By understanding the potential drawbacks and considering their specific hot water needs and budget, homeowners can make an informed decision about whether a tankless water heater is the right choice for them.
Factors Affecting Tankless Water Heater Cost
When considering the cost of a tankless water heater, several factors come into play. These factors can influence the overall price and help you determine the most suitable option for your needs. Let's explore the key factors affecting tankless water heater cost:
Fuel Type
The fuel type chosen for your tankless water heater can impact the overall cost. Electric tankless water heaters tend to have a lower upfront cost compared to their gas counterparts. However, gas-powered units may have lower operating costs in the long run. Consider your fuel options and assess their availability and cost in your area.
System Size
The size of the tankless water heater system you choose can also affect the cost. Larger units with a higher gallons-per-minute (GPM) output may be more expensive than smaller units. Evaluate your hot water needs, such as the number of bathrooms and appliances that require hot water simultaneously, to determine the appropriate system size for your household.
Installation Complexity
The complexity of the installation plays a significant role in the overall cost of a tankless water heater. Factors such as rerouting gas lines, adding ventilation, or upgrading electrical systems can increase installation expenses. It's important to consult with a professional plumber to assess the installation requirements and associated costs specific to your home.
Factors Affected Cost Fuel Type Electric vs. Gas System Size Gallons-per-minute (GPM) output Installation Complexity Rerouting gas lines, adding ventilation, electrical upgrades
By considering these factors, you can make an informed decision about the cost of your tankless water heater. Determine the most suitable fuel type, system size, and installation requirements for your household to ensure optimal performance and cost-effectiveness in the long run.
Is a Tankless Water Heater Worth It?
When considering a tankless water heater, it's important to evaluate whether the investment is worth it in the long run. While the initial cost may be higher than traditional tank units, there are several factors that make a tankless water heater a valuable addition to your home.
One of the key advantages of a tankless water heater is its energy savings potential. These units are designed to heat water on demand, eliminating the need for a constantly heated storage tank. As a result, tankless water heaters can be at least 20% more energy efficient than traditional tank units. This increased efficiency can lead to significant savings on your utility bills over time.
Another factor to consider is the longevity of tankless water heaters. These units typically have a longer lifespan compared to traditional tank units, which often need to be replaced after 10-15 years. With proper maintenance, tankless water heaters can last 20 years or more, providing you with reliable hot water for many years to come.
In terms of repair costs, tankless water heaters also offer some advantages. Traditional tank units can be more difficult and costly to repair, as issues often involve the entire tank. In contrast, tankless water heaters have individual components that can be replaced as needed, making repairs potentially less expensive and more convenient.
Cost Comparison: Tankless vs. Traditional
Cost Factors Tankless Water Heater Traditional Water Heater Initial Cost Higher upfront cost Lower upfront cost Energy Savings Potential for significant savings over time Higher energy consumption Lifespan Longer lifespan, potentially 20 years or more Usually needs replacement after 10-15 years Repair Costs Potentially lower repair costs due to individual component replacement Costlier repairs, often involving the entire tank
As shown in the table above, while the initial cost of a tankless water heater may be higher, the potential for energy savings, longer lifespan, and potentially lower repair costs can offset this expense. It's important to consider these factors and your specific needs when determining if a tankless water heater is worth it for you.
Top Tankless Water Heater Brands
When it comes to choosing a reliable and high-performance tankless water heater, there are several top brands that homeowners can trust. These brands have consistently delivered quality products and are known for their durability, energy efficiency, and innovative features. The following tankless water heater brands stand out in the market:
1. Bradford White
Bradford White is a well-established brand that offers a wide range of tankless water heaters. Known for their commitment to quality and reliability, Bradford White heaters are built to last. They prioritize energy efficiency and have models that cater to various household sizes and demands.
2. Rheem
Rheem is another reputable brand that homeowners can rely on for their tankless water heating needs. Rheem tankless water heaters are known for their exceptional performance and long-lasting durability. They offer both gas and electric models, providing options to suit different preferences and requirements.
3. EcoSmart
EcoSmart is a popular choice for homeowners looking for eco-friendly tankless water heaters. With a focus on energy efficiency, EcoSmart models are designed to save on utility bills while providing consistent and reliable hot water. They offer a range of sizes to accommodate various household sizes.
4. Bosch
Bosch tankless water heaters are known for their cutting-edge technology and exceptional performance. They prioritize energy efficiency and offer a range of models that can meet the hot water demands of different households. Bosch heaters are also built to last, providing homeowners with peace of mind.
5. Rinnai
Rinnai is a trusted name in the tankless water heater market, known for their high-quality and innovative products. Rinnai heaters offer excellent performance, energy efficiency, and durability. With a range of gas and electric models available, homeowners have options to suit their specific needs.
Brand Key Features Bradford White Durable and energy-efficient models Rheem Exceptional performance and reliabilityEcoSmart Eco-friendly and energy-saving designs Bosch Cutting-edge technology and long-lasting durability Rinnai High-quality and innovative designs
These top tankless water heater brands offer homeowners reliable options for their hot water needs. Whether it's energy efficiency, durability, or innovative features, these brands have proven their excellence in the market. When choosing a tankless water heater, considering these reputable brands can help ensure a quality investment that will provide consistent and efficient hot water for years to come.
Affordable Tankless Water Heater Options on Amazon
When it comes to finding a cost-effective solution for your hot water needs, there are several affordable tankless water heater options available on Amazon. These units provide energy-efficient and on-demand hot water, saving you money on utility bills and ensuring a consistent supply of hot water whenever you need it.
1. Ecosmart ECO 36
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The Ecosmart ECO 36 is an excellent choice for those looking for an affordable tankless water heater. With a 99.8% energy efficiency rating, this unit can save you 50-60% on heating costs compared to traditional water heaters. It provides hot water on demand, and its compact design allows for easy installation in any space. With the Ecosmart ECO 36, you can enjoy endless hot water while reducing your energy consumption.
2. Thermomate Tankless Electric 18kW
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The Thermomate Tankless Electric 18kW is another affordable option worth considering. It delivers hot water in just 3 seconds, ensuring you never have to wait for hot water again. This unit is energy-efficient and can save you up to 60% on water heating costs. With its compact size and easy installation, the Thermomate Tankless Electric 18kW is a convenient and cost-effective solution for your hot water needs.
3. Airthereal 18 kW Electric Tankless Water Heater
https://www.youtube.com/watch?v=it8WlmrEDVQ
The Airthereal 18 kW Electric Tankless Water Heater is another option that offers endless hot water on demand. It is designed to be energy-efficient, saving up to 50% on heating costs compared to traditional water heaters. This unit is easy to install and operates quietly, making it a practical choice for any household. With the Airthereal 18 kW Electric Tankless Water Heater, you can enjoy the benefits of hot water while keeping your energy costs low.
These affordable tankless water heater options on Amazon provide excellent value for money, offering energy efficiency, cost savings, and reliable hot water. Whether you choose the Ecosmart ECO 36, Thermomate Tankless Electric 18kW, or Airthereal 18 kW Electric Tankless Water Heater, you can enjoy the convenience and savings of a tankless water heater without breaking the bank.
Noritz Tankless Water Heaters
When it comes to reliable tankless water heaters, Noritz is a top brand that stands out in the market. Their EZ models are designed with ease of installation in mind, making them a popular choice for homeowners. Not only are these tankless water heaters durable and long-lasting, but they also come with a range of safety features to ensure peace of mind.
One of the standout features of Noritz tankless water heaters is their stainless steel heat exchangers, which provide increased resistance to corrosion and scale build-up. This not only helps prolong the lifespan of the unit but also ensures efficient performance for years to come. Additionally, Noritz offers wifi capabilities in some of their models, allowing homeowners to conveniently control and monitor their water heaters remotely.
With Noritz tankless water heaters, you can enjoy the benefits of endless hot water while saving space in your home. These units are designed to provide a consistent supply of hot water on demand, eliminating the need for a bulky storage tank. Whether you need hot water for showers, dishes, or laundry, Noritz tankless water heaters deliver reliable performance and energy efficiency.
FeaturesBenefitsLongevityEnjoy a durable and long-lasting tankless water heaterSafety FeaturesPeace of mind with built-in safety features to prevent scalding waterWifi CapabilitiesConveniently control and monitor your water heater remotely
Navien Tankless Water Heaters
Navien is a reputable brand in the tankless water heater market, offering a variety of models to suit different needs. They provide both condensing and non-condensing tankless water heater options, each with its own set of benefits. The condensing models are known for their energy-saving capabilities, helping homeowners reduce their energy consumption and lower utility bills. These units are designed to capture and utilize heat from the exhaust gases, improving overall efficiency.
Another noteworthy feature of Navien tankless water heaters is their wifi capabilities, allowing users to conveniently control and monitor their units remotely. This provides added convenience and peace of mind, as homeowners can adjust temperature settings, monitor usage, and receive alerts or notifications from anywhere using their smartphones or other devices.
Navien tankless water heaters are also praised for their sleek design and compact size, making them suitable for installation in various spaces. However, it's important to note that some models may not be suitable for larger households or setups with high water demand. It's crucial to assess the specific requirements of your household and consult with a professional to determine the appropriate size and capacity.
Model Fuel Type Energy Efficiency Wifi Capabilities Navien NPE-180S Gas Condensing: Up to 0.99 EF Yes Navien NPE-240S Gas Condensing: Up to 0.99 EF Yes Navien NPE-210A Gas Non-Condensing: Up to 0.82 EF Yes Navien NCB-240E Gas Condensing: Up to 0.95 EF Yes
Rinnai Tankless Water Heaters
Rinnai is a leading brand in the tankless water heater market, known for delivering high-performance and efficient products. With a wide range of gas and electric models available, Rinnai offers homeowners versatile options to meet their specific hot water needs. Whether you're looking for a compact unit for a small household or a powerful system for a larger home, Rinnai has you covered.
One of the key advantages of Rinnai tankless water heaters is their exceptional performance. These units are designed to provide a steady and continuous supply of hot water, ensuring that you never run out. Whether you're taking a shower, doing laundry, or running multiple faucets simultaneously, Rinnai tankless water heaters deliver consistent hot water on demand.
In addition to performance, Rinnai tankless water heaters are highly efficient. The gas models are equipped with condensing technology, which allows for greater energy savings compared to traditional tank water heaters. Rinnai's electric models also offer excellent efficiency, making them a reliable and eco-friendly choice. Furthermore, some Rinnai tankless water heater models come with wifi capabilities, allowing you to easily monitor and control your hot water system from anywhere in your home.
Takagi Tankless Water Heaters
Takagi tankless water heaters are a reliable and affordable option for homeowners looking to upgrade their hot water system. With a focus on safety features, user-friendly design, and affordability, Takagi provides efficient and convenient solutions for hot water needs.
One of the standout features of Takagi tankless water heaters is their emphasis on safety. These units are equipped with overheat cut-off fuses and temperature safety control to ensure a safe and worry-free hot water experience. Whether you have a small household or a larger family, Takagi prioritizes your safety when it comes to hot water delivery.
Aside from safety, Takagi tankless water heaters are known for their user-friendly design. Their wall-mount design saves valuable space, making them a great option for homes with limited room for traditional water tanks. The compact size and sleek look of Takagi units allow for easy installation in various locations, such as utility closets or even under sinks.
Affordability is another key aspect of Takagi tankless water heaters. These units offer a cost-effective alternative to traditional hot water systems, helping homeowners save on both upfront installation costs and long-term energy expenses. By providing a continuous supply of hot water only when needed, Takagi tankless water heaters eliminate the need for standby energy consumption, resulting in potential savings on utility bills.
Rheem Tankless Water Heaters
Rheem is a reputable brand in the tankless water heater market, known for its performance, reliability, and affordability. They offer a range of gas and electric tankless water heater models to suit different needs and preferences. Whether you're looking for a compact unit or one that can cater to higher water demand, Rheem has options to meet your requirements.
Performance and Reliability
Rheem tankless water heaters are designed to provide excellent performance, supplying hot water on demand whenever you need it. These units are equipped with advanced technologies to ensure consistent water temperature and sufficient flow rate. With a Rheem tankless water heater, you can enjoy a reliable supply of hot water throughout your home.
Gas and Electric Models
Rheem offers both gas and electric tankless water heaters, allowing you to choose the most suitable option based on your energy source and installation setup. Gas models are often preferred for higher water heating capacity and faster recovery time, while electric models are more compact and easier to install in smaller spaces.
Warranty
Rheem provides warranty coverage for their tankless water heaters, offering peace of mind and protection for your investment. The warranty terms may vary depending on the specific model, so it's important to review the warranty details for the Rheem tankless water heater you choose. Proper installation and regular maintenance are typically required to maintain warranty coverage.
Feature Gas Models Electric Models Energy Source Gas Electricity Performance High flow rate and fast recovery time Compact design and easy installation Reliability Consistent water temperature and supply Efficient and reliable performance Warranty Varying warranty terms, typically requires professional installation Varying warranty terms, typically requires professional installation
When considering a tankless water heater for your home, Rheem is a trusted brand to consider. Their tankless water heaters offer reliable performance, come in gas and electric models, and provide warranty coverage to protect your investment. Whether you're looking for higher capacity or compact design, Rheem has a range of options to meet your hot water needs.
Conclusion
Tankless water heaters offer numerous benefits, making them a popular choice for homeowners. Their energy efficiency, cost savings, space-saving design, and consistent hot water availability make them an attractive option. However, it is important to consider the cost of installing a tankless water heater.
The price of a tankless water heater installation can vary depending on factors such as the fuel type (electric or gas), system size, and installation complexity. It is crucial to analyze these factors to determine the overall cost of the system.
When it comes to choosing the best tankless water heater, homeowners can look to top brands such as Noritz, Navien, Rinnai, Takagi, and Rheem. These brands offer reliable and high-performing options that meet different needs and budgets. By considering the benefits and drawbacks of each brand and model, homeowners can make an informed decision to find the most suitable tankless water heater for their requirements.
In conclusion, tankless water heaters provide a cost-effective and efficient solution for hot water needs. By understanding the prices, costs, and top brands available, homeowners can make a well-informed decision when investing in a tankless water heater for their home.
FAQ
What is the typical cost of tankless water heater installation?
The typical range for tankless water heater installation is between $4,500 and $6,500, with an average cost of around $5,500.
How much does installation without the unit cost?
The installation without the unit can cost between $1,800 and $3,500, averaging around $2,650.
What factors can affect the cost of a tankless water heater installation?
The cost may vary based on the complexity of the installation and labor rates.
What are the benefits of tankless water heaters?
Tankless water heaters offer benefits like energy efficiency, longer lifespan, easier repairs, cost savings on utility bills, space-saving design, and consistent availability of hot water.
Do tankless water heaters store water in a tank?
No, tankless water heaters do not store water in a tank like traditional water heaters.
How do tankless water heaters work?
Tankless water heaters heat water as it passes through a heat exchanger and distribute it to faucets and showers as needed.
What are some potential downsides of tankless water heaters?
Some potential downsides include inconsistent water temperatures when multiple faucets or fixtures are using hot water simultaneously, higher initial cost, and complex installation requirements.
Are tankless water heaters worth the investment?
Despite the higher upfront cost, tankless water heaters can offer significant energy savings, longer lifespan, and potential lower repair costs over time, making them a worthwhile investment.
What are some reliable tankless water heater brands?
Some reliable brands include Bradford White, Rheem, EcoSmart, Bosch, and Rinnai.
Where can I find affordable tankless water heater options?
Affordable options can be found on websites like Amazon, such as the Ecosmart ECO 36, Thermomate Tankless Electric 18kW, and Airthereal 18 kW Electric Tankless Water Heater.
What are some notable features of Noritz tankless water heaters?
Noritz tankless water heaters offer features like easy installation, durability, environmental friendliness, and wifi capabilities.
Are there energy-saving options available from Navien?
Yes, Navien offers both condensing and non-condensing tankless water heaters with energy-saving features and wifi capabilities.
What are some advantages of Rinnai tankless water heaters?
Rinnai tankless water heaters are known for their high performance, energy efficiency, longevity, and some models offer wifi capabilities.
