Many people are interested in the benefits of a tankless water heater, but have a hard time finding out the cost to install one. We have decided to post some “ballpark prices” just to give homeowners a general idea of the costs involved.
Ballpark starting prices for a tankless water heater installation
| System Type | Starting Price |
| Non-condensing tankless water heater | $3500 |
| Condensing tankless water heater | $5200 |
| Condensing hybrid water heater | $5800 |
| Condensing storage tank | $6000 ($11,000 to provide both space and water heating) |
| Standard hot water tank (for comparison) | $1700 |
| Energy Star hot water tank | $2100 |
These are starting ballpark prices, so you can see if a tankless water heater is likely within your budget. Actual costs can vary widely according to your home’s needs. Call 604 GOOD GUY (604 466 3489) to schedule an in-home quotation and consultation on a new tankless water heater. Our comfort advisor will evaluate your home and determine the exact cost to install a tankless water heater.
Learn the pros and cons of a tankless water heater on our tankless water heaters page.
To schedule a hot water tank installation or a quote on a tankless water heater, call 604 GOOD GUY (604 466 3489) or use our online form.