Tankless Water Heater Vs Tank Cost

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.

Tankless water heater vs tank cost.

They can be output challenged. The doe notes that storage tank water heaters typically last 10 to 15 years while most tankless units have a life expectancy of 20 years or more. Tankless water heaters tend to cost more up front than storage. According to home depot it costs between 2 044 to 5 898 with the average being 2 979 to have a tankless water heater installed accounting for the heater installation materials any.

In the world of water heaters both tank and tankless rheem is one of the top brands to trust. Most conventional water heaters cost 300 to 600 less than half the cost of tankless varieties. 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. Depending on what your plumber charges per hour installation can be 600 to 800 if the existing hookups are compatible.

However high efficiency tank water heaters can be pricey running up to 1 500 uninstalled.