Tankless Water Heater Gas Vs Electric Cost

Installation costs for an electric heater are 700 to 1 000 while the cost to install a gas heater ranges from 1 000 to 2 000 depending on whether you have an existing gas line and vent.

Tankless water heater gas vs electric cost.

Gas heaters pose a. Gas and electric tankless water heaters run more efficiently than the conventional water heaters of the same fuel type. 2 gas tankless water heater pros and cons. A good sized electric tankless water heater goes for around 500.

According to home depot it costs between 2 044 to 5 898 with the average being 2 979 to have a tankless water heater installed accounting for the heater installation materials any. 1 comparison chart of electric vs gas tankless water heaters. Tankless water heater cost. Gas heaters can have a higher capacity.

Operating costs tend to be lower. We rated the annual energy consumption cost excellent for a gas. Gas water heaters are expensive to purchase. Electric tankless water heaters are way cheaper than their gas fuelled competitors.

For a good sized gas fuelled tankless heater costs between 1000 and 1200. Tankless water heaters cost around 2 3 times more than traditional storage tanks. Installation can be complicated and expensive. This makes the total cost for a 40 gallon electric hot water heater between 1000 and 1 700 with the total costs of a 40 gallon gas hot water heater.