Top 5 Things to Keep in Mind When Considering a Tankless Water Heater Cost in Austin, TX 78750

If you live in Austin, TX 78750, you may be considering a tankless water heater for your residence. Tankless heaters, as opposed to traditional ones, provide hot water on demand, feature greater energy-efficiency, and offer increased space efficiency when compared to traditional heaters. While a tankless water heater brings many benefits, its cost can be a deterrent. Luckily, there are tips and tricks you can use to save money and make the most out of the investment. Here are the top five tankless water heater cost considerations to keep in mind when installing a tankless in Austin, TX 78750.

1. Measure the Cost-benefit

When trying to justify the cost of a tankless water heater, it is essential to properly calculate the various benefits of a tankless system against its costs. The most notable benefit of a tankless system is energy-efficiency since you only heat the water when you need it. This improved efficiency can result in significant savings in your monthly bills—approximately 25 to 40 percent. Additionally, tankless water heaters may be eligible for federal, state, or local energy-efficiency rebate programs, so lean into these if available.

2. Assess the Size of the Unit

When selecting a tankless system, it's important to select a size that fits your needs. If the unit is too small, it won't be able to keep up with demand. On the other hand, if it is too large, you may be paying for unnecessary features. When sizing a tankless system, find the flow rate (measured in gallons per minutes, or GPM) and temperature rise (the difference in outlet water temperature and the incoming water temperature) that will fit your needs. A compatible system should fit with your home's existing Plumbing. The price of a tankless system can vary significantly based on capacity, so finding the right size can help you save money.

3. Consider Installation Cost

The installation cost of a tankless water heater may be more than that of a traditional one since the tankless requires more components. On average, tankless water heater installation cost can range from $1,100 to $3,450, depending on the size and type. To make sure the job is done correctly and safely, turn to a licensed professional to evaluate the project and properly install the tankless system in your home.

4. Look Out for Lifespan and Warranty

A tankless water heater typically lasts for around two decades whereas a traditional system may only stay operable for 12 years. This increase in lifespan naturally equates into fewer replacements and, by extension, fewer costs. Additionally, tankless systems typically have a longer warranty than the other models, so this is also something to look out for that can add to the unit longevity and save money in the long run.

5. Get an Estimate for Repairs and Maintenance Charges

Although a tankless water heater is more resistant to scaling and corrosion than traditional water heaters, you should get an estimate for the maintenance and repairs charges. It's a good idea to ask the contractor for estimated maintenance costs as part of your total cost analysis. Additionally, find out whether you need a certified plumber to install the unit and discuss any potential updates or modifications your home might need to install a tankless system.

In summary, if you are thinking about investing in a tankless water heater for your home in Austin, TX 78750, don't overlook the tankless water heater cost and associated factors. Be sure to measure the cost-benefit, assess the size you need, factor in any installation costs, look into the unit's lifespan and warranty information, and get an estimate for repairs and maintenance charges.

Tankless Water Heater Cost

Austin

TX 78750