Using a natural gas rate of 10 86 per 1 000 cubic feet we calculated that.
Cost to retrofit tankless water heater.
We factored in an installation cost of 1 250 for a gas tankless and slightly less 1 150 for an electric.
Gas models need a safe ventilation.
As far as the equipment costs are concerned electric units typically cost about 600 and gas units usually cost around 1 100.
Connect water to existing supply lines.
The best way to budget for a new tankless water heater is to compare quotes from local contractors.
Factors that determine your tankless water heater cost.
Ask your local pro whether your tankless system qualifies for a tax refund.
The two main cost factors for installation is the plumber s labor as well as the heating equipment chosen.
Tankless units are more expensive.
Leak and cycle test.
Whole house units are more costly but will heat all the water in your home at once.
Mount and secure new heater.
For a gas powered whole house tankless water heater you can expect to pay up to 3 000 for the equipment and installation.
Depending on your selection the average cost for water heater installation is between 1 000 to 3 000.
Tankless model prices vary by brand type and flow rate.
Beyond the initial cost the national average for the installation of a tankless unit is slightly over 1 700.
In fact your home s gas piping gas meter and gas line to the meter may not be sized appropriately to handle the high gas load that will be replacing the conventional storage gas water heater.
The home depot offers traditional water heater tanks and modern tankless units both powered by either gas or electricity.
Installing the device and retrofitting utility hookups costs around 1 000 to 2 000 depending on local costs and the amount of work required.
Tankless water heater installation costs most homeowners spend between 1 470 and 2 510 to install a new tankless water heater.
The average cost for installing a tankless water heater is around 2 500 4 500 with the average customer paying 2 808 for a gas whole house unit.
A tankless water heater costs about 2 111 to install or between 1 085 and 3 145 but labor rates vary.
Connect vent to existing vent ducting.
You will also need to include the costs of parts and materials necessary for installation.
Most conventional gas water heaters were not installed with a tankless retrofit in mind.