Introduction

While tankless water heaters can offer significant energy savings and other advantages, the upfront cost can be a barrier for some homeowners. However, there are several ways to reduce the cost of a tankless water heater installation. In this article, we will provide tips for reducing tankless water heater cost.

Choose the Right Size Unit

Choosing the right size unit for your home can help reduce the cost of a tankless water heater installation. A unit that is too small may not provide enough hot water, while a unit that is too large can be more expensive than necessary. Consult with a professional to determine the right size unit for your home.

Consider Energy Efficiency

Energy-efficient tankless water heaters can provide significant cost savings over time. Look for units with a higher Energy Factor (EF) rating, which indicates greater efficiency. Additionally, consider purchasing a unit with a built-in recirculation pump, which can reduce wait time for hot water and save water and energy.

Look for Rebates and Incentives

Many states and utility companies offer rebates or incentives for homeowners who install energy-efficient appliances, including tankless water heater cost. Check with your local utility company or state energy office to see if you qualify for any incentives.

ShopAround for Installation Quotes

Installation costs can vary greatly depending on the complexity of the installation and any necessary modifications to the existing plumbing or electrical systems. Shop around for installation quotes from multiple professionals to ensure you are getting a fair price.

Consider DIY Installation

While it is recommended to hire a professional for tankless water heater installation, homeowners with plumbing and electrical experience may be able to install the unit themselves. This can save on installation costs, but it is important to ensure the installation is done safely and correctly.

Conclusion

Reducing the cost of a tankless water heater installation can be achieved by choosing the right size unit, considering energy efficiency, looking for rebates and incentives, shopping around for installation quotes, and considering DIY installation. By taking these steps, homeowners can enjoy the long-term cost savings and efficiency of a tankless water heater without breaking the bank.