How much is a tankless water heater?

A tankless water heater in comparison with the storage water heater can bring you more advantages. Thanks to this device, you can always enjoy hot water whenever you need it. Even if you use many gallons of hot water per day, you can install multiple tankless water heaters separately.

tankless water heater buying guide

You can install a tankless water heater exclusively for your bathroom, washing machine, Jacuzzi, or dishwasher. They are more expensive than storage water heaters for many reasons:

  • They are more durable than storage water heaters
  • Energy costs will be low
  • Its useful life is 20 years
  • They come with parts that are easy to install and replace

One of the most outstanding advantages of tankless water heaters is their utility in offering energy efficiency. This is 14% more efficient than storage water heaters at providing large amounts of hot water.

When you go shopping for a water heater, you will notice that tankless water heaters are more expensive than storage water heaters. The tankless water heater price will vary depending on the model, size, and characteristics. Tankless water heaters made of propane are more expensive than electric ones.

Tankless water heaters can average $ 150 to $1000, although there can be a maximum cost of $ 6,696. The investment will pay off as it will provide you with many benefits:

  • It will be in charge of heating the water you are going to use.
  • You can make an installation near the water source, or place several stand-alone units in your home.

Single point ones are available on the market. This model can be installed both inside and outside of your home. Also, you can find a tankless water heater for the whole home. Devices used for the whole home are generally gas powered.

Which one is the most excellent?

Just as there are two models of tankless water heater, there is also a variety in terms of the methods used for their feeding:

  • Electric: They are friends of the environment, and the efficient one sold $ 151 on this source.
  • Natural gas: They are very effective in areas where the climate is very cold, and the price is $128 when you use this link.
  • Oil: It is capable of heating several gallons of water quickly, and its price is $ 800 to $ 1,200.
  • Solar: Its maintenance is easy and can have a cost of $ 1,000 to $ 7,000.
  • Propane: It has a price of $ 500 to $ 1,000.

After getting the one you want, see how it operates here and how to clean a tankless water heater