The Cost of an On-Demand Water Heater: A Comprehensive Guide
When considering the cost of an on-demand water heater, often referred to as a tankless water heater, it's crucial to weigh the initial investment against potential long-term savings in energy and space. There are several factors to consider, from the actual cost of the heater itself to installation expenses and ongoing maintenance. In this guide, we'll explore the cost implications in detail and provide you with valuable insights to assist in your decision-making process.
Initial Costs
The price of an on-demand water heater can vary significantly based on the brand and model. For instance, the Rinnai, a popular choice, has a price range around $1200. Another notable brand, Bosch, offers models ranging from $1200 to $1900 on platforms such as eBay. If you prefer an electric on-demand water heater, it typically falls within the $1000 to $1500 range, with the recommendation being the higher-end models like the Rheem with a circulation pump.
Choosing the Right Brand and Model
Rheem is a highly recommended brand for on-demand water heaters. Their models are known for their reliability and efficiency. Additionally, Rheem offers combination boilers, which are similar in appearance to water heaters. However, it's crucial to avoid the Rheem combination boilers as they perform poorly.
For optimal performance, especially in terms of installation and future maintenance, look for heaters where the intake and exhaust can be done with PVC piping. This feature not only enhances the overall functionality but also simplifies the installation process.
Additional Costs and Components
Beyond the initial cost of the heater, there are additional expenses to consider, such as parts and installation. Installing an on-demand water heater yourself can be viable, but you'll need to budget around $400 to $600 for the necessary components. To further enhance the performance and longevity of your heater, it's advisable to include an inline strainer and sediment filter on the water heater feed side, as well as an expansion tank. The special valve kit is a must-have for easy maintenance and installation.
Professional Installation Costs
The cost of professional installation can be quite substantial, with prices ranging from $1200 for a straightforward retrofit to upwards of $2500 if you hire less experienced contractors. These labor costs can be a significant factor in the overall equation of whether to invest in an on-demand water heater.
Final Thoughts
While the initial investment in an on-demand water heater may seem high, it's important to consider the long-term benefits, especially in terms of energy savings and space optimization. On-demand heaters can be particularly worth the investment in modern homes, where efficient and space-saving solutions are highly valued.
By carefully considering the cost implications and selecting the right model and brand, you can make an informed decision that aligns with your needs and budget. Whether you decide to go the DIY route or opt for professional installation, ensuring a well-chosen and properly installed on-demand water heater can significantly enhance your home's comfort and efficiency.