Fair Cost Guide - Electric Tankless Water Heaters

June 2023

Electric Tankless Water Heaters Calculator   Zip Code
 Item   details Low  High   
Material
Includes basic coverage quantities and typical overage. Excludes sales tax, delivery upcharges, and items not included in the description and notes.		 *load* $368.27 $520.00
Labor
Includes on site setup, site preparation, job completion, trash removal and work area cleanup.		 *load* $368.27 $520.00
Supplies, Tools
Includes equipment allowance and supplies for preparation, job completion and site cleanup.
 		   $368.27 $520.00
Total
Excludes sales tax, any applicable fees, dump charges, and costs for repair or remediation not mentioned in the work description.		   $368.27 $520.00

Quantity

   Gallons/min (gpm) 2 gpm 4 gpm 6.5 gpm
85% efficiency 1 0 0
98+% efficiency 0 0 0

Appliance Quality Basic - builder grade

Labor Type Medium cost labor

Job Complexity

 

Get an instant, vendor-neutral estimate of Electric Tankless Water Heater options and costs in your zip code. Our cost guide has been updated for 2023 to reflect current fair market wages and material option costs for Electric Tankless Water Heaters. Enter your options and zip code above - then select "Update".



 


Electric Tankless Water Heaters Cost Guide - Pricing Assumptions and Notes

Homewyse Cost Guides estimate approximate cost ranges for basic work in typical conditions. The estimates should only be used for preliminary planning. Homewyse estimates are NOT substitutes for quotes from qualified vendors. Homewyse strongly recommends that you contact reputable professionals for an accurate assessment of work required and costs for your project - before making any decisions or commitments.

  • Labor tasks - Mount and secure new heater. Connect water to existing supply lines. Leak and cycle test.
  • The homewyse cost estimates include all typical costs for removal and disposal of existing system, fittings and components needed to connect, secure and properly operate and maintain the water heater.
  • The homewyse Electric Tankless Water Heater cost estimates do not include costs for repairs to, replacement of or relocation of existing electrical or plumbing connections to the water heating system.
  • Higher priced Electric Tankless Water Heaters typically offer more durable material, extended warranties and enhanced appearance and finish options
  • Electric Tankless Water Heater installation costs are commonly quoted from a standard rate and can be estimated/quoted by the service professional after measurement and visual inspection at the job site.
  • The variation in installation costs for complex configurations (non-rectangular shape, many corners, multiple levels, etc.) can be considerable. For accurate cost estimates, collect detailed bids from several qualified professionals.
  • To maximize the payback of your Electric Tankless Water Heater investment, use materials and installation quality appropriate for your home and neighborhood - but be careful not to over improve. Less expensive alternatives to Electric Tankless Water Heaters may provide a better return on investment.
  • Reduce total project cost by having multiple vendors bid on the same, detailed work specification of your Electric Tankless Water Heater project.
  • Save on installation costs by combining similar jobs and by being willing to have your project completed during low demand periods for the vendor/installer.
  • Save on material costs by shopping online or by choosing discontinued, odd lot, remnant or incorrectly ordered items from your retailer.

References

Electric Tankless Water Heater - Related Items


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