For a tankless water heater at an average of 1 000 for the new unit you can expect labor costs to be between 450 to 1 200.
Cost of changing to tankless water heater.
Tankless water heater installation costs tankless water heater calculator.
The average cost for a tankless water heater installation is 1 985 or between 1 470 2 510.
In fact you could save up to one fourth of your overall energy costs by installing tankless technology.
New tankless water heater and installation costs.
With the average tank water heater costing around 400 the labor cost to install would be approximately 250 to 500.
If your home needs to be rewired it can easily add 3 000 or more to the cost of installing a tankless water heater.
But the initial cost is around 3 000.
Tankless water heaters generally require a higher initial investment but they are less costly to operate and provide additional benefits like endless hot water.
Nationwide costs generally fall within the range of 1 200 to 5 000.
Tankless units are more expensive.
Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.
Tankless water heater these units do not store hot water but rather heat it as needed which saves energy.