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Gas water heaters cost between $600 and $2,700 to replace, for an average cost of about $1,650. Electric water heaters cost between $600 and $3,500 to replace , for an average cost of about $2,100.
For example, a Rinnai America tankless non-condensing natural gas water heater goes for roughly $1,000 at Home Depot, while a comparable condensing tank goes for about $1,800.
The main disadvantage is their much higher initial costs; a US study in Minnesota reported a 20- to 40-year payback for the tankless water heaters. [citation needed] In a comparison to a less efficient natural gas fired hot water tank, on-demand natural gas will cost 30% more over its useful life. [dubious – discuss] [citation needed]
Gas tankless water heater (Taiwan) On the other hand, tankless water heaters also have some disadvantages: [8] Startup costs: Beyond the 2x-4x larger initial purchase price (as compared to a tanked water heater), installing a tankless system comes at an increased cost, particularly in retrofit applications. They tend to be particularly ...
Solar heat is clean and renewable. This is the most modern system. Increasingly, solar powered water heaters are being used. Their solar thermal collectors are installed outside dwellings, typically on the roof or walls or nearby, and the potable hot water storage tank is typically a pre-existing or new conventional water heater, or a water heater specifically designed for solar thermal.
The rule will lead to the replacement over three decades of more than 1 million gas-burning appliances — including an estimated 700,000 pool heaters and 300,000 tankless water heaters — with ...
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