How Much Are Tankless Water Heaters?

Q: How Much Are Tankless Water Heaters?

While there is a higher initial cost for tankless water heaters and their installation, you will begin to see savings soon after we finish installing it in the home. With their energy efficiency, you will see a monthly saving on your water bills and your energy bills. These savings will help your water heater pay for itself within a year or two. The initial cost for an electric or gas-powered tankless water heater starts at about $1,000 and can go up to $5,000 with re-wiring service for the home. Tankless water heaters also last up to twice as long as traditional models, saving you money on a replacement.