Are tankless water heaters gas worth it?

According to the U.S. Dept. of Energy, a tankless water heater is more efficient and uses less energy than a conventional water heater, providing a $25 to $107 in annual savings. If your hot water use is low (less than 41 gallons per day), a tankless water heater will be 24% to 34% more efficient.

Is it worth it to switch to a tankless water heater?

How many years does a tankless water heater last?

15 to 20 years
One of the most common questions asked by consumers about tankless water heaters is how long they will last. A tankless water heater can last anywhere from 15 to 20 years with proper maintenance and operation. In comparison, a standard tank water heater normally has a working life of 10 years or less.

How much is a Navien tankless water heater?

Navien Tankless Water Heater Prices

Navien Models Max GPM Unit Cost Only
NPE-150S 6.8 $1,100-$1,225
NPE-240A 11.2 $1,395-$1,650
NPE-210A 10.1 $1,375-$1,450
NPE-180A 8.4 $1,180-$1,350

What is a tankless water heater?

Basically, a tankless water heater is an apparatus that instantaneously heats water as it flows through the unit. There is no perpetual heating of stored water as there is with hot water tanks. These units can be divided into 2 categories—gas and electric.

What should I look for in a non-condensing tankless water heater?

You’ll find a host of non-condensing natural gas tankless water heater options, with optional features such as overheating protection and anti-freeze protection. Be sure to look for a temperature lock that blocks accidental changes to water temperature, especially if there are children in the home.

Do Gas tankless heaters pay for themselves?

For most people, gas tankless units pay for themselves and then some. Energy Star reports that a tankless unit will save the average family $300 in the course of the unit’s lifetime.

Do tankless water heaters lower GPM in colder climates?

Therefore, all tankless water heaters have a lower actual GPM in colder climates. Most user manuals/specs include exact estimates of the GPM at different inlet water temperatures. What does the warranty cover for water heaters?