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how much does it cost to replace a tankless hot water heater

by Mrs. Ebba Stracke DDS Published 3 years ago Updated 2 years ago
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A tankless water heater costs about $2,379 to install, or between $1,230 and $3,528, but labor rates vary. Tankless model prices vary by brand, type and flow rate. The best way to budget for a new tankless water heater is to compare quotes from local contractors.Jan 10, 2022

Full Answer

How much does it cost to change a tankless water heater?

Tankless water heater installation costs $800 to $3,500 on average. Tankless hot water heater prices are $300 to $2,100 for a gas or electric on-demand system, plus $300 to $2,500 for installation labor. Tankless water heaters save $40 to $200 yearly by reducing energy costs by 8% to 34%.

How long do tankless water heaters last?

Some people hesitate to decide on a tankless water heater because they can be a slightly higher cost; however, you get significantly more life out of one. A standard water heater tank lasts about 8-12 years. A tankless water heater can last as long as 25 years!

Why is tankless water heater installation so expensive?

Tankless water heaters have a higher initial price compared to tank heaters, costing homeowners between $1,200–$3,500. The higher cost is a result of a more labor-intensive set-up, as new gas and water lines are required for installation. For electrical tankless heaters, new electric wiring will need to be installed.

How much does it cost to install a tankless gas water heater?

The typical range for tankless heater installation is between $3,200 and $6,500, averaging out to around $3,200.

What is the most common problems with tankless water heaters?

Most Common Problems With Tankless Water HeatersOverload. Every tankless water heater has a flow rate capacity that should give you a good idea of how much hot water can be used simultaneously. ... Cold Water Sandwich Effect. ... Mineral or Sediment Buildup. ... Flame or Ignition Failure.

What are the disadvantages of a tankless water heater?

The Cons of Tankless Water heaters:Con: High Upfront Cost of the Unit and Installation.Con: Take Longer to Deliver Hot Water.Con: Cold Water Sandwich.Con: Inconsistent Water Temperature When Multiple Outlets Are in Use.Con: Difficult to Achieve a Lukewarm Temperature.Con: No Access to Hot Water During a Power Outage.More items...•

Does a tankless water heater increase home value?

If you are looking to increase the value of your home, adding a tankless water heater to your features is a great place to start. According to a study conducted by Zillow, homes with tankless water heaters sold for 4% more than their expected value. On average, these homes also sold 43 days faster than expected.

How long does it take to install a tankless water heater?

between one to three hoursAdditional time is required to install new power and water lines and air vents. Afterward, the tankless unit must also be mounted and connected. Tankless to Tankless Installation: This generally takes between one to three hours.

Are tankless water heaters worth the money?

According to the U.S. Dept. of Energy, a tankless water heater is more efficient and uses less energy than a conventional water heater, providing a $25 to $107 in annual savings. If your hot water use is low (less than 41 gallons per day), a tankless water heater will be 24% to 34% more efficient.

When should I replace my tankless water heater?

Water Heater Lifespan If your tank water heater is more than 10 years old, it may be time to consider replacing it. With proper maintenance, a tank water heater tank should last six to 12 years. A tankless water heater can last for more than 20 years.

How do you replace a tankless water heater?

0:232:44How to Install a Tankless Gas Water Heater - YouTubeYouTubeStart of suggested clipEnd of suggested clipOpen a hot water faucet. Upstairs. Then disconnect the gas in the water lines and the exhaust. Vent.MoreOpen a hot water faucet. Upstairs. Then disconnect the gas in the water lines and the exhaust. Vent. Once it's empty and completely disconnected the tank can be removed.

What size tankless water heater do I need for a family of 5?

In short, a family of 5 would need a 10 GPM gas tankless heater or 27 kW electric tankless heater if you live in the northern part of the USA, where the input water has a lower temperature. The tankless heater has to work extra hard to bring the water temperature up to 110˚F or 120˚F.

How often should a tankless water heater be replaced?

20 yearsWater Heater Lifespan If your tank water heater is more than 10 years old, it may be time to consider replacing it. With proper maintenance, a tank water heater tank should last six to 12 years. A tankless water heater can last for more than 20 years.

Do tankless water heaters wear out?

A tankless water heater can last up to 20 years before it needs to be replaced. Regardless of what type of water heater is installed, over time, it will corrode with age, and it's essential to monitor it for any of the below issues, especially if it's in the second half of its lifespan.

What maintenance is needed on a tankless water heater?

The good news is that tankless water heaters don't require much maintenance, either. A tankless system should be serviced as a part of the regular preventive maintenance that heating and cooling systems receive. Electric or gas components should be inspected.

Is a tankless hot water heater worth it?

According to the U.S. Dept. of Energy, a tankless water heater is more efficient and uses less energy than a conventional water heater, providing a $25 to $107 in annual savings. If your hot water use is low (less than 41 gallons per day), a tankless water heater will be 24% to 34% more efficient.

How much does it cost to install a tankless water heater at Home Depot?

Home Depot charges $750 to $2,000 to install tank water heaters and $1,200 to $5,000 to install tankless water heaters. This cost includes the water heater, labor by a licensed plumber, permits, and old water heater removal.

How much does it cost to replace a hot water tank?

A hot water tank replacement costs $600 to $1,800 on average. Storage tank water heaters are the most common and keep 30 to 80 gallons of water heated to a preset temperature. Most systems take 40 minutes to 2 hours to reheat a full tank.

How long is a water heater warranty?

Most tank water heater warranties last 6 to 12 years, depending on the brand. Tankless water heater warranties last 5 to 15 years. Extended warranties cost $40 for 2 years or $70 for 5 years and must be purchased with the water heater at the time of installation. Water heater warranty length.

How long does it take to install a tankless water heater?

Installing a tank water heater takes 2 to 6 hours, depending on accessibility. Tankless water heater installation takes 3 to 10 hours for a new install or 2 to 4 hours to replace an existing tankless unit. Replacing a water heater in an attic, closet, or other tight space increases the labor time.

How much does it cost to install a gas water heater?

Gas water heater installation costs $600 to $2,800 total for a standard tank or $700 to $4,600 for a tankless. Gas water heaters cost $100 to $700 more than electric up front, but cost $220 less per year to operate.

How much does a solar water heater cost?

A solar water heater costs $3,000 to $9,000 installed or $1,500 to $6,600 after applying tax credits and rebates. Solar thermal systems use the sun for water heating, reducing energy costs by 50% to 80%. Solar water heaters can operate as hybrid water heating systems, working with electric or gas heaters.

How much does a high efficiency water heater cost?

High-efficiency water heaters cost $1,200 to $4,400 on average for the unit and installation. High-efficiency systems use less fuel to operate, create hot water quickly, and minimize heat loss, making them up to 300% more energy-efficient than standard tank water heaters.

How much water does a tankless water heater heat?

The amount of water that a tankless system can heat varies from how much a traditional heater can heat. A tankless unit can heat up to 5 gallons per minute. This fact comes into play when deciding which kind of unit to use.

What is tankless water heater?

Tankless water heaters use high end heating elements that are placed close to the water that needs to be warmed. Regular tank storage style water heaters use a constant flow of electricity to store and heat the water, but tankless water heaters only heat water when it is necessary to do so. On average, a tankless water heater will cost ...

How many tankless heaters do I need?

It is necessary to have a tankless heater for each water source, so if you had three bathrooms and a dishwasher, you’d need to purchase and install 4 tankless units, unless each water source location were close together. The amount of water that a tankless system can heat varies from how much a traditional heater can heat.

How much does it cost to install a plumbing system?

An average plumbing company will charge $75- $125 for this service, and installation will usually take a full working day to install and properly test the system performance throughout the home; so expect the installation cost to be around $600 – $1,000.

How much does it cost to maintain a water heater?

Maintenance: if your water heater needs any maintenance, you can expect to pay the fees of a standard plumbing project ($75-$125 an hour). Typically, the maintenance project takes about 3 hours. Most plumbing companies charge a standard minimum of 4hrs.

Can I use a single point water heater in a single family home?

If you were to use a single point system in the same single-family home, you would have to install multiple heating systems or use one system at a time. The lifespan of water heaters is an important factor to think about when you’re deciding which type of heater to buy.

Do I need to update my tankless heater?

Configuration and updates: certain electrical systems will need to be updated in order to work with the new tankless heater. This isn’t always required but is a potential cost that includes the cost of materials for the updates and the price of the electrician.

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Safety

  • To make sure a building stays up to code for the safety of the inhabitants, all renovations, retrofits to the infrastructure, and structural improvements will have to get a permit to ensure compliance with federal and local building, construction, and zoning codes. Expect to pay somewhere in the …
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Advantages

  • For some homeowners with a tank water heater/boiler already installed, it is far more efficient to install a few tankless water heaters in bathrooms as the family grows in size and the demand for simultaneous hot water increases. The power vent systems only need an exhaust vent, and the unit has to be installed in a location that provides the right amount of air required for combustio…
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Models

  • Tankless gas models are available in a wide range of styles and size and produce output from 140,000 BTUs to 380,000 BTUs.
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Performance

  • In addition to not heating water unnecessarily while you are not home, tankless water heaters are 24%-34% more energy efficient and dont lose any heat, which traditional tank water heaters do. That reflects savings close to the cost of the system throughout 10 years of use. The average GPM capacity of most residential tankless water heaters is between 25 gallons per minute, with …
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Marketing

  • Traditional tank water heaters are sold clearly marked with their capacity in gallons on a label on the tank. Tankless water heaters are different in their rating systemthey are sold according to the demand they can meet, the flow rate, and are measured in gallons per minute (GPM).
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Example

  • Calculate the maximum simultaneous demand for hot water in the house, and youll know which system(s) should be installed and where it should be located. Because of the demands of larger households, it might make sense to install one or more additional tankless units. A house in a warmer climate will require a tankless system with a lower gallons-per-minute rating than a hom…
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Terminology

  • The difference between the temperature of the water from the local supply coming into the home and the temperature of the water that the water heater produces is called rise.
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Benefits

  • The benefits of a tankless water heater system far outweigh those of a stored-water tank heater. The following is a list of the aspects you can look forward to:
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Prevention

  • To prevent serious health issues from interior air contamination, gas-powered tankless water heaters require special venting to remove the hot carbon monoxide exhaust fumes and expel them to the outside air.
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Operation

  • The direct vent system draws in air from outside, and instead of just one vent, it has a second one for intake in addition to the exhaust vent. One of the upsides to the direct vent system is that because of the second vent, these systems can be installed in tighter spaces. Typically, the systems are set up to vent through the roof or exterior walls, using fans to assist in the process. …
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Climate

  • For most residential water heaters, the maximum temperature most homeowners will set their heaters to is 120 degrees, because beyond that can cause scalding.
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1.2022 Tankless Water Heater Cost & Installation Prices

Url:https://homeguide.com/costs/tankless-water-heater-installation-cost

11 hours ago  · Water heater replacement cost factors. Water heater replacement costs $530 to $2,800 for a tank water heater or $650 to $4,600 for a tankless water heater, including the unit plus labor costs. Prices depend on the water heater's size, fuel source, and any plumbing, electrical, or carpentry modifications required.

2.2022 Hot Water Heater Costs (Installation & Replacement)

Url:https://homeguide.com/costs/water-heater-installation-cost

36 hours ago How much does a new hot water heater cost? A tankless water heater that is purchased brand new will cost up to $2,000, and a whole house water heater tank costs anywhere from $600-$800. The low-end tankless model costs about $430 minus installation, while the average purchased model costs around $1,200. Tankless Hot Water System – Pricing and Installation Cost Checklist

3.Videos of How Much Does It Cost to Replace a Tankless Hot Wate…

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11 hours ago  · For a standard tank-storage water heater, the cost for the unit alone averages $400 to $1,600, and installation costs between $150 and …

4.Tankless Water Heater Cost Calculator (2022) ~ With …

Url:https://www.remodelingexpense.com/costs/cost-of-tankless-hot-water-system/

31 hours ago The average cost to have a licensed plumber replace an electric tankless water heater is about $4,200– based on current pricing in the Austin, Texas area. It is much less expensive to replace a tankless water heater since your location has already been configured properly for tankless.

5.How Much Does a Water Heater Cost? (2022)

Url:https://www.consumeraffairs.com/homeowners/how-much-does-it-cost-to-replace-a-water-heater.html

24 hours ago  · Average cost: $500 to $1000. If your old water heater is electric and you want to install a gas-powered tankless water heater, it adds to …

6.Tankless Water Heater Cost: By Brand And Type - Forbes

Url:https://www.forbes.com/advisor/home-improvement/tankless-water-heater-cost/

21 hours ago  · On average, the cost to replace a water heater is $1,200, ... rather than storing hot water and burning energy to keep it hot. Tankless water heaters run between $1,000 and $3,500 installed. They ...

7.Water Heater Installation and Replacement Cost - Forbes

Url:https://www.forbes.com/advisor/home-improvement/water-heater-installation-replacement-cost/

10 hours ago  · A tankless water heater costs about $2,364 to install, or between $1,225 and $3,534, but labor rates vary. Tankless model prices vary by brand, type and flow rate. The best way to budget for a new tankless water heater is to compare quotes from local contractors. Ask your local pro whether your tankless system qualifies for a tax refund.

8.How Much Does it Cost to Install a Tankless Water Heater?

Url:https://www.homeadvisor.com/cost/plumbing/install-a-tankless-water-heater/

22 hours ago  · The installation estimates: $865 for a 50-gallon storage-tank heater and $1,470 to $2,500 for a gas-fueled, tankless water heater. To see how a tankless investment might pay off, take the median, or $2,000, as the average installed cost, plus a few hundred more to disconnect and remove the existing conventional tank.

9.How Much Does It Cost To Replace A Hot Water Heater?

Url:https://porch.com/project-cost/cost-to-replace-a-hot-water-heater

12 hours ago  · Average tank hot water heater replacement cost: $300 to $800 for parts and labor. Average tankless water heater cost. Tankless water heaters have a few benefits over conventional tank models. Most notably, they're a little more efficient and can help you save money on your gas or …

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