Few things can throw off your day quite like a malfunctioning hot water heater. If you have ever had a water heater go out, you know the inconvenience. Suddenly, your morning shower feels like a cold wake-up call. Shoot, even washing the dishes turns into a chore you’d rather avoid. When your water heater gives up on you, getting it back up and running becomes a top priority.
If your water heater is beyond repair, you’ll face an important decision: What kind of water heater should you get to replace it? You can choose a traditional tank model or explore the newer tankless water heaters. Tankless water heaters offer improved energy efficiency and greater comfort for your family.
Tankless water heaters have been around for more than a decade. However, they used to be a luxury that only a few could afford. But here’s the good news: as these high-efficiency units have gained popularity, the installation costs have dropped quite a bit. This leads us to the big question: Are tankless water heaters within financial reach for the majority of homes and businesses? (Don’t forget—you might qualify for some sweet rebates too!)
In this guide, we’re diving into everything you need to know about tankless water heaters. We will focus on the costs involved. Let’s break it down!
Upgrading your home? The first thing on your mind probably isn’t a tankless water heater. But if you are considering a tankless, the first question customers have is the cost. No one’s ever said, “I can’t wait to splurge on a new water heater!” The current installation price (September 2024) for a tankless water heater ranges from $4,800 to $7,200. This range includes the tankless unit. Without the unit, expect to pay between $1,800 and $3,500. Prices vary based on your specific situation. Contact your Tulsa plumber to get an estimate.
Gas tankless water heaters are more expensive than electric tankless water heater units. For instance, an electric tankless water heater typically costs $2,500, including both the unit and installation, while a gas-powered unit averages closer to $3,500.
So, what exactly is a tankless water heater? First, traditional models store hot water in a tank. Conversely, tankless water heaters—also known as on-demand heaters—heat water directly as it flows through the unit. This means you heat water only when you need it. There isn’t any hot water storage. These units can run on electricity or gas, which we’ll dive into more later.
Most older homes use traditional water heaters. Traditional tank water heaters store between 30 and 50 gallons of water. These heaters keep the water hot and ready for use, distributing it to your faucets and showers as needed. Traditional water heaters can also run on natural gas or electricity.
PROS:
CONS:
Several elements can affect the total cost of installing a tankless water heater:
We’ve shared the cons with you in this guide. And, you’re probably thinking, “Is a tankless system even worth it?” Traditional tank water heaters usually run you between $1,200 and $2,400. Sure, tankless units come with a higher upfront price tag, but they make up for it in energy savings, longer lifespan, and easier repairs. In the long run, they can be the smarter choice.
When selecting a tankless water heater, reliability is key. Green Country Plumbing recommends brands like Bradford White, EcoSmart, Bosch, and Navien. These brands are known for their durability and performance.
Choosing between electric and gas models depends on various factors, including cost, performance, and efficiency.
Gas units may require more maintenance due to mineral buildup, while electric models need less frequent care. However, both require regular upkeep. Our tankless maintenance plans provide peace of mind that your tankless water heater is performing optimally. Annual maintenance (such as a water flush) ensures the longevity of your tankless unit.
Choosing a qualified plumber is crucial for your installation. Look for local professionals with positive reviews, transparent pricing, and excellent customer service. Ensure the plumber you choose has a state license and is insured. It is also good to see what affiliations they have such as the Better Business Bureau.
If you’re ready to install a new tankless water heater or have questions about your current system, reach out to Green Country Plumbing. Our expert team is here to assist with all your plumbing needs.
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