Factors that Impact the Cost

The price to install a new water heater will likely be higher if you change fuel sources or switch from a water heater tank to a tankless unit. To lower these additional charges, our trusted professionals will discuss your options and recommend installing your new tankless unit near existing water and fuel sources. This will facilitate ventilation and reduce the amount of extra labor needed. There are a variety of other features that affect the total cost:

The cost of the permitThe amount of work required to bring your plumbing connections up to codeThe size of your new water heater (measured in gallons)The length of the warrantyEnergy efficient certification and other special features on the new unit

Other upfront costs may also be accrued for a tankless model with elite features and a higher efficiency grade. Gas heaters are also historically less expensive than electric heaters to run.

Energy Efficiency and Money Saving

Installing a tankless water heater is a greater upfront investment, but these units can significantly cut the cost of monthly utilities. The U.S. Department of Energy estimates that in homes using 41 gallons or less of hot water, on-demand tankless units can conserve between 24% to 34% more energy than tank water heaters.

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Cost to Install a Water Heater - The Home Depot

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February 10, 2019 at 5:44 am by Mr HomeBuilder
Category: Water Heater Install