How Much do Tankless Water Heaters Cost?

What do tankless water heaters cost? I’m going to discuss the costs of gas and electric tankless water heaters and what to expect. Listen carefully and I will explain everything you need to know to help you decide financially if a tankless water heater is right for you. There are a lot reasons to want a tankless water heater besides savings or “Pay Back”. For some it’s all about the money. That is what this video is for. Watch the notations too for even more useful information. For the complete Tankless 101″ article and Buyers Guide go to:

http://www.profitableplumbing.com/tankless101.html

If you are going to buy them from the internet go here: http://goo.gl/WvnTSe (affiliate)

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19 thoughts on “How Much do Tankless Water Heaters Cost?”

  1. Hi Scott, what do you think about a Tankless electric heater as a retrofit as a D.I.Y. project, my father is a licensed electrician? all pluming in place is PEX

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  2. Great Video, Just had a RL75I, (Rinnai) by my propane supplier. About $900. was 699, but needed extra vent pipe. Replaced an electric tankless. My question do I need to address the problem of moths (and other critters) being ingested by the intake air? Other U Tube videos show the fan, and heat exchanger being blown out with air, and full of bugs. Why is the intake air not filtered, and if not how is the best way to do it?

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  3. Extremely informative we live in the northern part of North Carolina near the VA border and it's good to know what we are dealing with as far as costs and pros and cons. Thank you for this.

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  4. Scott,

    I need to upgrade our current 40 gallon natural gas water heater (basically in a swimming-pool-like hole that the former owners dug out in the dirt crawlspace basement) to an external natural gas water heater mounted on the back of the house (typical red brick house). It is my understanding that this eliminates the issue of having to power vent it anywhere or install any extra vents. Our gas pipes are old, so I'm pretty sure that we need a larger line from the gas meter to be installed. I understand that these need some type of electrical connected for a blower fan, and of course the water pipes extended.

    How do I know if I gas meter supplies enough gas for one of these? I figure that to be on the safe side, we need no more or less than a 8GPM.

    I'm located in Atlanta, Georgia. I know that it varies with areas of the country and contractors and such. Each job is different, but how much show it cost for something like this? They would need to run probably 30-40 feet of gas pipe, about 10-15 feet of water pipe and an electrical connection.

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  5. Thank you for all your free info. I have rent houses. One of my water heater tanks is10 years old and leaking. So I'm considering tankless. Since I'm not going to be living in the home, would it still be cost efficient as far as me not having to replace the tankless as often as replacing a tank?

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  6. quoted 3200 for a tankless gas install but it was to replace a traditional tank. i went with the tank but the man speaks the truth. you wont get anyone to replace a tank with a tankless for less than 2500 if they know what they're doing. there is additional supplies i.e. copper, venting associated with a tankless install not just the cost of unit. additionally, a good tankless isnt the ones you get at homedepot, a good one with good internal/electronics will cost about 2000 alone. not saying 3200 is cheap and im sure there's 30% markup on labor but so is everything else these days. and since i wont be in this home in 5 years i didnt go that route. you may get your money back when you sell but i dont think youll make any money by doing it either.

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  7. I have had the Rinnai tankless water heater for the past 10 years and love, love, love it. It is in the cold weather area of Cape Cod, Mass.
    Thank you Scott, for explaining this to me. What is the lifespan on one of these ?

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  8. Great video Scott!! My wife and I live in the Northeast and we are looking into a Tankless gas hot water system to replace our existing gas tank system which was installed back in 2008. We currently have 1 bath but may consider adding a 2nd bath later on. We have a very good licensed plumber we use and we definitely plan to use him to do the installation if we decide to move forward. I don't like the idea of throwing money away to heat the water in our current tank all the time so I'm all for efficiency and cost savings over the long term. You also make a very good point regarding your homeowners insurance possibly not covering any damage caused by improper installation if not using a licensed professional. On an investment such as this it's just not worth taking a chance on.

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  9. I think that depend on what can you do, I did installed my at my house and it work perfect the quote from a local company was almost 4K i only expense 1.5K and I did the full installation by my self.

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  10. Hi Scott I live in Atlanta GA in a 2 1/2 bathroom home and wanted to switch to an Electric Tankless but I don't really know much about them do you have any recommendation????

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