Which Is Cheaper Gas Or Electric Tankless Water Heater

Tankless water heaters also known as on demand or point of use pou water heaters come in both gas and electric powered options.

Which is cheaper gas or electric tankless water heater.

This is almost 2 times the price of an electric tankless water heater. Electric water heater operation costs. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200. Cost of a gas hot water heater gas water heater costs also depend on whether it has a storage tank the unit s size and the difficulty of the installation.

A good sized electric tankless water heater goes for around 500. These slimmer setups operate by drawing water in. For a good sized gas fuelled tankless heater costs between 1000 and 1200. However with fuel fluctuations and the improved efficiency of an electric tankless water heater this may not always be the case.

Gas tankless water heaters generally achieve 80 to 85 efficiency. Unless an electric system service upgrade is require the installation of an electric tankless water heater is generally much cheaper than the installation of a gas tankless water heater. A tankless electric water heater has an average cost between 800 and 1 500 plus an additional 800 to 1 200 for installation. We rated the annual energy consumption cost excellent for a gas.

Electric tankless water heaters require very little maintenance. Maintenance service life and warranty. Currently the price of gas is lower than electricity which makes gas tankless systems less expensive to operate. Gas and electric tankless water heaters run more efficiently than the conventional water heaters of the same fuel type.

For a high quality unit you can expect to spend a minimum of 1 000. A gas water heater costs at least twice as much as an electric heater. Tankless systems heat your water on demand using gas or electric coils. Electric tankless water heaters are way cheaper than their gas fuelled competitors.