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||$5700|
|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 ($200 FortisBC rebate available)|
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.
FortisBC is offering rebates of $1000 on high efficiency tankless water heaters.
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.