Which Is Cheaper Gas Or Electric Tankless Water Heater

A gas tankless water heater natural gas is only marginally cheaper to operate than an electric tankless water heater due to the exceptionally high thermal efficiencies of the electric units 99.

Which is cheaper gas or electric tankless water heater.

Figuring out the annual operating cost of a water heater involves consideration of the heater s efficiency and the cost of the fuel needed to run it. This is almost 2 times the price of an electric 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. 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.

These slimmer setups operate by drawing water in. For a high quality unit you can expect to spend a minimum of 1 000. Currently the price of gas is lower than electricity which makes gas tankless systems less expensive to operate. We rated the annual energy consumption cost excellent for a gas.

Although tankless water heaters heat water on demand they do have output limits on their flow rate. Gas and electric tankless water heaters run more efficiently than the conventional water heaters of the same fuel type. Electric water heater operation costs. For a good sized gas fuelled tankless heater costs between 1000 and 1200.

Electric tankless water heaters require very little maintenance. Tankless water heaters also known as on demand or point of use pou water heaters come in both gas and electric powered options. Maintenance service life and warranty. Tankless systems heat your water on demand using gas or electric coils.

Gas tankless water heaters generally achieve 80 to 85 efficiency. For a model with electronic ignition to remove the need for a pilot light you ll need to pay closer to 1 200. 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. However with fuel fluctuations and the improved efficiency of an electric tankless water heater this may not always be the case.