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.

Sometimes called on demand water heaters tankless systems supply continuous hot water when needed and for this reason have increased energy efficiency. Installation will cost you more at least 800 to. 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. They can be output challenged.

This means when you are simultaneously taking a shower and doing laundry the tankless water heater may fail to keep up with the hot water demand of both. The nine models in our tests range from 525 to 1 150. When compared with typical electric storage tank models propane tankless systems save more than 150 in annual energy costs. Installation is also cheaper usually about 300 to 500 bringing the total cost in the range of 600 to 1 100.

Tankless heaters typically cost more to install but have similar purchase costs. Tankless water heaters tend to cost more up front than storage tank models. However high efficiency tank water heaters can be pricey running up to 1 500 uninstalled.