Understanding Tankless Water Heater Cost in 78705, Austin - Texas

The increasing demand for energy efficient appliances has prompted many homeowners to consider switching over to tankless water heaters. Tankless water heaters are units that heat water on demand instead of storing the heated water in a standing tank. They come in both electric and gas varieties, with electric varieties being more efficient and less expensive, while gas varieties can produce more hot water. However, cost can be a big factor when it comes to deciding whether to make the switch over to a tankless water heater. Therefore, it is important to understand the various cost factors associated with tankless water heater before making the investment.

Cost of Installation

One of the biggest costs associated with tankless water heaters is the installation. Installation of the unit usually requires professional assistance because it can be a complex and labor intensive process. You can expect installation to cost anywhere from $500 to $1,500, depending on the size and complexity of the unit. It is important to note that the installation cost will also depend on what type of water heater you choose. Gas-powered models cost more to install, as they require additional piping and venting, as well as additional labor hours.

Cost of Unit and Related Parts

The cost of the tankless water heater itself and any related parts, such as venting and piping, will also be factored into the final cost. Tankless water heaters are typically more expensive than traditional tank models. This is because they are more efficient and require more complex parts to install. Generally, you can expect to spend anywhere from $1,000 to $3,000 on the actual tankless water heater unit itself, and an additional $500 – $2,000 on parts and venting.

Cost of Maintenance and Repair

It is important to consider that tankless water heaters require regular maintenance and service to keep them running properly. This means you will need to budget for regular check-ups and maintenance, as well as any potential repair costs. To keep your tankless water heater running properly, you should consider getting it serviced by a professional every one to two years. Depending on your location and the complexity of the job required, maintenance and repair costs can range anywhere from $100 to $500.

Overall Cost

When all of the factors above are taken into consideration, the overall cost of a tankless water heater can range from $1,500 to $6,000. It is important to keep this number in mind when planning for the installation. It is also important to keep in mind that tankless water heaters tend to last longer than traditional tank models, and are more energy-efficient as well. This means that while the initial cost may be higher, you can save money in the long run.

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