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Blog Title: Typical cost to buy on demand gas water heater

Main Que: What is the initial cost to get tankless gas water heaters?

  • Category: Prices On Tankless Hot Water Heater
  • Query By: PAULA JENKINS (Augusta, GA)
  • Date: 04/30/2013

Answer: Although you may save money on tankless water heater on a long run, the upfront cost for the system is quite high. An average tankless water heaters cost $800 to $1,150, compared with $300 to $480 for the regular storage-tank types. Tankless models need electrical outlets for their fan and electronics, upgraded gas pipes, and a new ventilation system. That can bring average installation costs to $1,200, compared with $300 for storage-tank models. And these prices may even go up to $3000 for a gas-powered whole house model. Now given the fact that the tankless water heaters save money on the long run, if you plug in the amount of money they save you ever year, which would be around 70 to 100 bucks, you might not break even for a while. In some situations, you might never break even. Furthermore, in some situations, you might break even sooner then you may think. This all depends on the location you are located and your usage. Hence before you decide to jump into the world of tankless water heater, do make sure to have a good idea of how much you are investing and saving.

  • Replied By: ALFREDO SWANSON (Lafayette, LA)
  • Replied Date: 05/25/2013