The cost of a propane tankless water heater can range from $195 to $2,200, not including installation costs. The installation cost for a tankless water heater can range from $1,933 to $6,167, depending on the model, permits, installation materials, labor fees, and removal of an old water heater. For propane tankless water heaters, the installation cost can range from $600 to $3,500.
Factors Affecting the Cost of a Propane Tankless Water Heater
When considering a propane tankless water heater, there are several factors that can impact the overall cost:
Unit Cost
The unit cost of a propane tankless water heater can vary significantly, ranging from $195 to $2,200. Factors that influence the unit cost include:
- Brand and Model: Established and reputable brands, such as Rinnai, Rheem, and Navien, tend to have higher unit costs compared to lesser-known brands.
- Capacity and Flow Rate: Tankless water heaters with higher flow rates (measured in gallons per minute, or GPM) and larger capacities generally cost more.
- Energy Efficiency: Tankless water heaters with higher energy efficiency ratings, such as those with an Energy Factor (EF) of 0.90 or higher, may have a higher upfront cost.
- Features: Additional features, such as built-in Wi-Fi connectivity, remote control capabilities, and advanced temperature control, can also increase the unit cost.
Installation Costs
The installation cost for a propane tankless water heater can range from $600 to $3,500, depending on the following factors:
- Permits and Inspections: Obtaining the necessary permits and passing inspections can add to the overall installation cost, typically ranging from $100 to $500.
- Installation Materials: The cost of materials, such as gas lines, venting, and electrical components, can vary depending on the specific requirements of the installation, ranging from $300 to $1,500.
- Labor Fees: The labor cost for the installation can range from $200 to $1,500, depending on the complexity of the job, the experience of the plumber or HVAC technician, and the local labor rates.
- Removal of Old Water Heater: If an existing water heater needs to be removed, the cost can range from $100 to $500, depending on the size and accessibility of the old unit.
Additional Modifications
In some cases, additional modifications may be required to accommodate the installation of a propane tankless water heater, which can further increase the overall cost:
- Venting Modifications: If the existing venting system is not compatible with the tankless water heater, additional venting work may be necessary, costing $500 to $2,000.
- Gas Line Upgrades: If the existing gas line is not sufficient to support the tankless water heater, upgrading the gas line can cost $300 to $1,000.
- Electrical Upgrades: Some tankless water heaters may require electrical upgrades, such as a dedicated circuit or additional wiring, which can cost $200 to $500.
Comparison of Propane Tankless Water Heater Costs
To provide a more detailed comparison, let’s look at the costs of two popular propane tankless water heater models:
| Model | Unit Cost | Installation Cost | Total Cost |
|---|---|---|---|
| Rinnai V65eP Propane Tankless Water Heater | $1,099 | $1,500 – $3,000 | $2,599 – $4,099 |
| Eccotemp 6.5 GPM Indoor Liquid Propane Tankless Water Heater (6.5GB-ILP) | $1,199 | $600 – $1,500 | $1,799 – $2,699 |
The Rinnai V65eP is a high-end model with a flow rate of 6.5 GPM and an energy factor of 0.82, making it a highly efficient option. The Eccotemp 6.5 GPM model is a more budget-friendly option, with a flow rate of 6.5 GPM and a temperature rise of 45 degrees Fahrenheit.
Conclusion
The cost of a propane tankless water heater can vary significantly, ranging from $195 to $2,200 for the unit itself, and an additional $600 to $3,500 for installation. When budgeting for a propane tankless water heater, it’s essential to consider the unit cost, installation materials, labor fees, and any additional modifications required, such as venting or gas line upgrades. By understanding these factors, you can make an informed decision and ensure a successful and cost-effective installation.