Tankless Electric Hot Water Heater Cost

A tankless unit uses 30 to 50 percent less energy than a standard water heater saving the average family more than 100 a year on heating costs.

Tankless electric hot water heater cost. While a standard water heater wastes 30 percent of. We rated the annual energy consumption cost excellent for a gas. You can turn any water source into hot water on demand. You aren t limited to the amount a storage tank heater can hold.

Our whole home models are a perfect match for installations in small spaces and no venting is required. Whether you re washing the dishes washing your clothes or drawing a hot bath tankless water heater technology will supply endless hot water to your lifestyle demands even if you do them all at once. Department of energy estimates that in homes using 41 gallons or less of hot water on demand tankless units can conserve between 24 to 34 more energy than tank water heaters. Tankless water heater cost.

Installing a tankless water heater is a greater upfront investment but these units can significantly cut the cost of monthly utilities. The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510 if your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater.