Shopping for a Tankless Water Heater in Austin? Here’s the Cost Breakdown
With Austin’s fast-growing population, it’s not surprising that tankless water heaters are becoming increasingly popular. A tankless water heater is an energy-efficient way to get hot water on demand. The bonus? They also save you money in the long run! But what about the upfront costs? Read on to learn about the cost of a tankless water heater in Austin, TX.
What Does a Tankless Water Heater Cost in Austin?
The cost of a tankless water heater in Austin varies, depending on a few factors. The size of the unit, type of fuel used, and installation costs all come into play when estimating a tankless water heater cost. On average, a small gas-powered tankless water heater system can cost anywhere from $1,000 to $4,000, while an electric system may cost anywhere from $700 to $2,000. The installation costs of these systems vary, but typically range from $500 to $2,000. It’s important to note that tankless water heaters tend to require more maintenance than traditional tank-style heaters, which could lead to additional costs down the road.
What Advantages Does a Tankless Water Heater Have?
In addition to being more cost-effective than tank-style heaters, there are many other advantages to having a tankless water heater. First, with no tank to store water, a tankless system takes up much less space in your home. The lack of a tank also means that there is no lag time between turning on the hot water and when it flows from the tap. Tankless systems also last longer than traditional-style heaters, meaning they require less frequent replacement. And, since there is no storage tank to heat, tankless systems save energy and money, providing an overall better return on your investment.
Things to Consider Before Installing a Tankless Water Heater
While tankless water heaters can have a number of advantages, there are a few things to consider before investing in one. First, tankless systems require a larger gas line than tank-style systems, which will add to the installation costs. Second, to ensure the best performance, most tankless systems require a dedicated electrical circuit, which could also add to the cost. Finally, tankless systems typically require more frequent maintenance and servicing than traditional systems, so it’s important to factor this into your budget.
The Bottom Line
Installing a tankless water heater in Austin, TX, can be a great way to reduce your energy consumption and save money in the long run. However, there are a number of factors to consider when it comes to the cost of such a system. Take into account the size of the unit, the installation and maintenance costs, and the energy output before investing in a tankless water heater. With the right setup and proper maintenance, a tankless system can be a great way to save money and energy.