Tankless water heater installations usually cost between $3,200 and $4,500, but can be higher or lower depending on your home.
So why such a large price range?
Well, the cost to install a tankless water heater in Florida depends on many different factors, including:
- The water heater itself
- The plumber installing the water heater
- The difficulty of the installation
- Whether you qualify for rebates
We’ll walk you through each of these factors below. But if you want a precise cost for a tankless water heater in your home, contact us for a quote now.
Cost factor #1: The water heater
The first factor in the price of your water heater installation is the cost of the water heater itself. And that price will depend on several things, like the:
- Size water heater you need
- Energy factor of the water heater
- Length of manufacturer warranty
The tankless water heater size is measured by flow rate. Basically, the more hot water you want to use at the same time (measured in flow rate), the bigger burners the water heater will need in order to heat that larger volume of water.
Find out more in our article, How to Find the Perfect Tankless Water Heater Size for Your Home.
The energy factor of the water heater measures the water heater’s energy efficiency. The higher the number, the more efficient the tankless water heater is.
And while all tankless water heaters are efficient, some are even more efficient than others. And those come with a higher price tag.
The length of manufacturer’s warranty. If you want the ultimate peace of mind, you may want to consider paying for a tankless model with a longer manufacturer’s warranty. That way if there’s a problem with the product, you won’t have to pay out of pocket for the broken part.
Cost factor #2: The plumber you hire
Different plumbers charge different amounts, even when installing the same product. Why? Well, here are 2 factors that can affect the plumber’s price.
How they charge (by the hour, or by the job)
Some plumbers will give you a price that’s actually just an estimate because they bill hourly. That means that if they run into a problem during the install (or are just slower than they estimated), your price can balloon out of control.
Others (like Plumbing Today) will give you a fixed, upfront price. That way you know exactly what the price will be before any work begins and can plan accordingly.
Quality of work
Quality work often costs more. But most plumbers will promise “quality” work, so how can you know which plumbers will actually deliver?
Unfortunately, there’s no magic bullet. But there are some indicators you can look for, like:
- Guarantees—Do they stand behind their work with a 100% satisfaction guarantee or a warranty on their installations?
- How long they’ve been in business— A company that has been around for a long time is more likely to be there in the future if a problem comes up. And a guarantee is only as good as the company backing it.
- Licensed and insured—These are signs that the plumber is in it for the long haul and not just to make a quick buck or two.
Cost factor #3: Difficulty of installation
The more difficult the installation, the more the tankless water heater will cost to install. For example, if the current water heater is in the attic, it will likely take more work to remove the old heater and install the new one. And therefore, it’ll cost more.
Also, converting your home from an old tank-style water heater to a tankless model can get expensive because it often requires additional work, such as:
- Running a new (larger) gas line to the water heater
- Adding new ventilation through the roof or wall of your home
- Running new plumbing to and from the tankless water heater
Cost factor #4: Qualifying rebates and credits
If you qualify for rebates and credits, you can reduce the cost to install a tankless water heater significantly. Here are 2 you should know about:
- Florida Public Utilities — Get a $675 rebate if you switch from an electric water heater to a gas tankless water heater. If you already have a gas water heater, you can get a $550 for upgrading to a tankless water heater.
- Federal government — Congress recently extended tax credits for energy efficient upgrades, including gas water heaters. You can get $300 for installing a new tankless water heater.
Get a tankless water heater installation price now
Want an upfront price on a new tankless water heater for your Florida home? Contact us today!
- Posted in: