Top 5 Things to Consider About Tankless Water Heater Cost in Austin
If you're a property owner in Austin, Texas, you may be considering installing a tankless water heater as a replacement for a traditional heater. This could offer you an energy-saving and space-saving solution to your water heating needs, but of course you may be wondering what it entails in terms of cost. We've created this helpful resource to provide you with the top 5 things you should consider about tankless water heater cost in Austin.
First, it's important to understand the potential cost savings you could experience by installing a tankless water heater instead of a traditional one. Depending on factors like the size of the installation, the type of water heater you choose, and where you live, some estimates indicate you could save up to 30% on your annual water heating bill. This could be a substantial amount of savings over time.
Second, it's important to consider the installation costs. Generally, installing a tankless water heater requires the use of an electrician or a plumbing professional, as well as a contractor. This may cost you close to $2,000 depending on the size and complexity of the installation. It's important to get multiple quotes to make sure you're getting the best deal.
Third, it's important to note that the price of the tankless water heater itself may vary significantly. Generally, a standard tankless water heater can range in price from $1,200 to $2,200, depending on the type of heater you choose. It's important to take into account not only the initial cost but also its energy-efficiency when making your decision.
Fourth, you should also factor in the cost of additional components to your overall tankless water heater cost. Depending on the type of heater you choose, you may need an expansion tank (to protect the water pressure), a recirculation pump (to reduce the wait time for hot water), and/or extra piping. All of these can add to the overall cost of installation.
Finally, you should consider additional costs associated with service and maintenance. Tankless water heaters generally require more frequent maintenance than traditional water heaters, as they can accumulate sediment and corrosion over time. This may involve regular flushes or flushes with a specialty detergent. Additionally, if you need repairs, you may need to call a professional, which can add to the cost.
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