New Tankless Water Heater Price: A Guide to Energy Efficient Water Heating

Tankless water heaters are revolutionizing the way households access hot water by providing an energy-efficient alternative to traditional storage tank models. Unlike conventional water heaters that continuously heat and store water, tankless units heat water only when needed, reducing energy waste. This section delves into the mechanics, benefits, and cost considerations of tankless water heaters, helping homeowners determine whether this technology is right for them.
How Tankless Water Heaters Work
Tankless water heaters operate by heating water directly as it passes through the unit. When a hot water tap is turned on, cold water flows into the heater, where either a gas burner or an electric element heats it instantly. This process ensures a continuous supply of hot water without the standby energy losses associated with storage tanks.
Types of Tankless Water Heaters
- Electric Tankless Water Heaters: These units use electric coils to heat water and are ideal for smaller households with moderate hot water demands.
- Gas-Powered Tankless Water Heaters: These models use natural gas or propane and are better suited for larger homes with higher hot water usage.
Factors Affecting New Tankless Water Heater Price
The cost of a tankless water heater varies based on several factors, including the unit’s size, fuel type, brand, and installation requirements. Below is a comparison table of popular tankless water heater models and their prices.
| Brand | Model | Type | Price (USD) |
|---|---|---|---|
| Rinnai | RU199iN | Gas | $1,200 |
| EcoSmart | ECO 27 | Electric | $500 |
| Navien | NPE-240A | Gas | $1,600 |
| Stiebel Eltron | Tempra 36 Plus | Electric | $1,000 |
Installation Costs and Considerations
Installing a tankless water heater may require additional modifications, such as upgrading electrical systems or gas lines, which can increase the overall cost. Professional installation is recommended to ensure safety and efficiency.
Long-Term Savings and Environmental Benefits
While the upfront cost of a tankless water heater is higher, the long-term energy savings can offset the initial investment. Additionally, these units have a longer lifespan than traditional water heaters, further enhancing their value.
For more information, visit trusted sources like U.S. Department of Energy or Consumer Reports .