How Much Does A Tankless Water Heater Cost?
The cost of a tankless water heater is usually between $3,500 and $4,500. The price varies depending on:
- What Kind Of Setup You Had Previously
- The Size Of Your Home
- What Features You Want
What Kind Of Setup You Had Previously
If you had a tankless water heater in your home already, that cuts down on our installation time. As a result, your price will be lower. We don’t have to run new flue pipes and drains.
In some cases, going from a tanked system doesn’t require too much extra work, either. But, sometimes, the size of your gas line could be an issue. Older gas lines may not be wide enough to provide the BTUs (British Thermal Units) the unit requires.
The Size Of Your Home
While a tankless doesn’t store hot water, you need a unit that’s powerful enough to service your entire home. Larger homes can have more rooms using hot water at once than a smaller house.
We also take into consideration homes near the beach. When everyone comes home and starts showering, you need to make sure two or three showers, plus maybe the kitchen sink, have hot water all the time.
We’ll get into the specific models a little later.
What Features You Want
When it comes to cost, you don’t have much choice when it comes to the size of the system you’ll need. But, you can decide on whether you want a standard or a model with recirculation built-in.
In a nutshell, recirculation means you’ll get hot water to the tap faster than with a standard model. This feature comes in handy, in particular for larger homes with fixtures far away from the heater.
With recirculation, your system keeps a little bit of hot water heated all the time. That way, each tap gets hot water immediately instead of waiting for the unit to warm and send it up the line.
If you have a rancher or a small home with all the fixtures close to the heater, you probably don’t need this feature. But, for a two-story home or larger, it’s something to consider.
Are Tankless Heaters Gas Or Electric?
Tankless heaters come in both gas and electric models. But, here at Broadley’s, we only deal with gas heaters. And, we recommend you do the same.
Units that use electricity to heat the water have a very high-amp draw. You’ll need updated service to your home, for starters. And, in most cases, we’d need to install a new service cable directly from your box.
All that work will drive the price much higher than our usual estimates. You’re much better off going with natural gas or propane. Even if you need a wider gas line, that’s less expensive and less work than upgrading the electric.
Are Tankless Water Heaters Worth It?
For shore homes especially, tankless water heaters are worth the price. Along with saving you money, they’re more convenient and offer you peace of mind. The three biggest benefits are:
- Saving Money On Your Energy Bills
- Never Running Out Of Hot Water
- Safer For Vacation Homes
Saving Money On Your Energy Bills
Even without a recirculating model, you’ll get hot water faster to your tap. That means running less water while waiting for it to warm up. But, most important is a tankless water heater’s efficiency rating.
Conventional tank systems get up to 68 percent AFUE. That means that, even at their best, they lose 32 percent of the gas they use to exhaust. In other words, you get 68 cents worth of heat for every dollar you pay for gas.
By contrast, tankless systems have a 95 efficiency rating. It’s more bang for your buck every time.
Never Running Out Of Hot Water
The significant benefit for shore homes is never running out of hot water. Sure, that’s great for any house. But, when your entire family — and maybe your guests as well — all come home from the beach, everyone wants to shower one right after the other.
With a tank system, you’ll need to get out the egg timer to keep everyone’s shower short enough to preserve enough hot water for the last person. When you go tankless, that’s never a problem.
Safer For Vacation Homes
Frozen pipes and water leaks can be a considerable problem for vacation homes in the winter. When no one’s in the house or keeping an eye on things, these minor problems can get much worse very quickly.
If a pipe bursts, dozens of gallons of water spill into your home every minute. A leaking water heater won’t dump as much water as quickly, but you’ll still get significant damage.
One of the problems we see is when a small, rusted hole in a water heater tank gives out. Instead of a drip, suddenly, all the water in the tank — anywhere from 20 to 50 — spills out immediately.
Then, in the winter, you have the problem of that water still coming in, freezing over, and expanding, causing more damage.
With tankless, however, that’s not an issue. Since the system doesn’t store any water, you won’t end up with a flooded house if something goes wrong.
What Size Tankless Water Heater Do I Need?
Navien tankless water heaters come in three sizes based on their BTU capacity: The 180,
210, and 240. We help you choose one based on the size of your home:
- The 180 works well for one- or two-bedroom homes
- An average suburban house with two stories often needs the 210
- A larger home (four or five bedrooms, three or four bathrooms) gets the 240
How Long Do Tankless Water Heaters Last?
A tankless water heater can last for 20 years or more with proper maintenance. Compare that to traditional tank units that last up to 15 years.
Tankless Water Heater Installation In South Jersey
Are you ready to never worry about running out of hot water again? Do you want to lock up your vacation home after Labor Day and not worry about flooding over the winter? Or, are you looking to reduce your water and gas bills? Whatever you’re looking for, a tankless water heater fits the bill! Click below or call us at Broadley’s for a free consultation on installation in South Jersey.