Tankless Water Heater Cost Comparison (9-10 GPM Propane)

Tankless Water Heater Cost Comparison
Ratings Guide
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Better
Good
Fair
Poor
Go To: Tankless 9-10 GPM Electric | 9-10 GPM Gas | 9-10 GPM Propane

Takagi
T-H2S-DV-N

Type: 9 GPM Tankless
Fuel: Propane
Flow: 4.3 GPM (77* Rise)
Nominal Price: $1300
Energy

0.91

Factor
Utility Cost

$541

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$144

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7700

Install+Utilities
Bosch
Therm 940 ES LP

Type: 9.4 GPM Tankless
Fuel: Propane
Flow: 4.2 GPM (77* Rise)
Nominal Price: $1000
Energy

0.83

Factor
Utility Cost

$593

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$106

Per GPM
Vent

Atmos

Type
10 Yr Cost

$7900

Install+Utilities
Bosch
Therm 940 ESO LP

Type: 9.4 GPM Tankless
Fuel: Propane
Flow: 4.2 GPM (77* Rise)
Nominal Price: $1200
Energy

0.83

Factor
Utility Cost

$593

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$128

Per GPM
Vent

Atmos

Type
10 Yr Cost

$8100

Install+Utilities
Rinnai
RL94i-P

Type: 9.4 GPM Tankless
Fuel: Propane
Flow: 4.2 GPM (77* Rise)
Nominal Price: $1100
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$117

Per GPM
Vent

Direct

Type
10 Yr Cost

$8100

Install+Utilities
Rheem
ECO200DVLP3

Type: 9.5 GPM Tankless
Fuel: Propane
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1100
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$116

Per GPM
Vent

Direct

Type
10 Yr Cost

$8100

Install+Utilities
Rheem
ECO200XLP3

Type: 9.5 GPM Tankless
Fuel: Propane
Flow: 4.3 GPM (77* Rise)
Nominal Price: $1300
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$137

Per GPM
Vent

PowerD

Type
10 Yr Cost

$8300

Install+Utilities
Rheem
ECOH200XLP

Type: 9.5 GPM Tankless
Fuel: Propane Condensing
Flow: 4.8 GPM (77* Rise)
Nominal Price: $1400
Energy

0.94

Factor
Utility Cost

$524

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$147

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7600

Install+Utilities
Rheem
ECOH200DVLP

Type: 9.5 GPM Tankless
Fuel: Propane Condensing
Flow: 4.8 GPM (77* Rise)
Nominal Price: $1500
Energy

0.94

Factor
Utility Cost

$524

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$158

Per GPM
Vent

Direct

Type
10 Yr Cost

$7700

Install+Utilities
Richmond
RMTG95XLP

Type: 9.5 GPM Tankless
Fuel: Propane
Flow: 4.3 GPM (77* Rise)
Nominal Price: $900
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$95

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7900

Install+Utilities
Richmond
RMTG95DVLP

Type: 9.5 GPM Tankless
Fuel: Propane
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1000
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$105

Per GPM
Vent

Direct

Type
10 Yr Cost

$8000

Install+Utilities
Richmond
RMTGH95DVLP

Type: 9.5 GPM Tankless
Fuel: Propane Condensing
Flow: 4.8 GPM (77* Rise)
Nominal Price: $1100
Energy

0.94

Factor
Utility Cost

$524

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$116

Per GPM
Vent

Direct

Type
10 Yr Cost

$7300

Install+Utilities
Navien
NR-210A-LP

Type: 9.6 GPM Tankless
Fuel: Propane Condensing
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1100
Energy

0.94

Factor
Utility Cost

$524

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$115

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7300

Install+Utilities
Navien
NR-210-LP

Type: 9.6 GPM Tankless
Fuel: Propane Condensing
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1100
Energy

0.97

Factor
Utility Cost

$508

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$115

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7200

Install+Utilities
Noritz
NR981-DVC-LP

Type: 9.8 GPM Tankless
Fuel: Propane
Flow: 4.3 GPM (77* Rise)
Nominal Price: $1200
Energy

0.88

Factor
Utility Cost

$559

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$122

Per GPM
Vent

Direct

Type
10 Yr Cost

$7800

Install+Utilities
Noritz
NR981-SV-LP

Type: 9.8 GPM Tankless
Fuel: Propane
Flow: 4.7 GPM (77* Rise)
Nominal Price: $1200
Energy

0.88

Factor
Utility Cost

$559

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$122

Per GPM
Vent

Direct

Type
10 Yr Cost

$7800

Install+Utilities
Noritz
NR981-OD-LP

Type: 9.8 GPM Tankless
Fuel: Propane
Flow: 4.3 GPM (77* Rise)
Nominal Price: $1200
Energy

0.88

Factor
Utility Cost

$559

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$122

Per GPM
Vent

Power

Type
10 Yr Cost

$7800

Install+Utilities
Noritz
NRC98-DV-LP

Type: 9.8 GPM Tankless
Fuel: Propane Condensing
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1300
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$133

Per GPM
Vent

Direct

Type
10 Yr Cost

$7500

Install+Utilities
Noritz
NRC98-OD-LP

Type: 9.8 GPM Tankless
Fuel: Propane Condensing
Flow: 4.4 GPM (77* Rise)
Nominal Price: $1300
Energy

0.96

Factor
Utility Cost

$513

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$133

Per GPM
Vent

Power

Type
10 Yr Cost

$7400

Install+Utilities
Rinnai
RU98i-P

Type: 9.8 GPM Tankless
Fuel: Propane Condensing
Flow: 4.9 GPM (77* Rise)
Nominal Price: $1300
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$133

Per GPM
Vent

Power

Type
10 Yr Cost

$7500

Install+Utilities
Rinnai
RUC98i-P

Type: 9.8 GPM Tankless
Fuel: Propane Condensing
Flow: 4.6 GPM (77* Rise)
Nominal Price: $1400
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$143

Per GPM
Vent

Direct

Type
10 Yr Cost

$7600

Install+Utilities
Rinnai
RU98e-P

Type: 9.8 GPM Tankless
Fuel: Propane Condensing
Flow: 4.9 GPM (77* Rise)
Nominal Price: $1400
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

12

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$143

Per GPM
Vent

Power

Type
10 Yr Cost

$7600

Install+Utilities
Reliance
TS-540-LEH

Type: 10 GPM Tankless
Fuel: Propane Condensing
Flow: 5 GPM (77* Rise)
Nominal Price: $1500
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$150

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7700

Install+Utilities
Reliance
TS-540-LIH

Type: 10 GPM Tankless
Fuel: Propane Condensing
Flow: 5 GPM (77* Rise)
Nominal Price: $1500
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$150

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7700

Install+Utilities
Takagi
T-D2-OS-P

Type: 10 GPM Tankless
Fuel: Propane
Flow: 4.2 GPM (77* Rise)
Nominal Price: $1000
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$100

Per GPM
Vent

Power

Type
10 Yr Cost

$8000

Install+Utilities
Takagi
T-D2-IN-P

Type: 10 GPM Tankless
Fuel: Propane
Flow: 4.2 GPM (77* Rise)
Nominal Price: $1000
Energy

0.82

Factor
Utility Cost

$600

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$100

Per GPM
Vent

PowerD

Type
10 Yr Cost

$8000

Install+Utilities
Takagi
T-H3-DV-P

Type: 10 GPM Tankless
Fuel: Propane Condensing
Flow: 4.9 GPM (77* Rise)
Nominal Price: $1200
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$120

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7400

Install+Utilities
Navien
NPE-210A-LP

Type: 10.1 GPM Tankless
Fuel: Propane Condensing
Flow: 4.6 GPM (77* Rise)
Nominal Price: $1100
Energy

0.97

Factor
Utility Cost

$508

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$109

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7200

Install+Utilities
Navien
NPE-210S-LP

Type: 10.1 GPM Tankless
Fuel: Propane Condensing
Flow: 4.6 GPM (77* Rise)
Nominal Price: $1100
Energy

0.99

Factor
Utility Cost

$497

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$109

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7100

Install+Utilities
Navien
NR-240A-LP

Type: 10.6 GPM Tankless
Fuel: Propane Condensing
Flow: 4.9 GPM (77* Rise)
Nominal Price: $1400
Energy

0.95

Factor
Utility Cost

$518

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$132

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7600

Install+Utilities
Navien
NR-240-LP

Type: 10.6 GPM Tankless
Fuel: Propane Condensing
Flow: 4.9 GPM (77* Rise)
Nominal Price: $1400
Energy

0.97

Factor
Utility Cost

$508

National Avg
Warranty

15

Yrs Tank/HE
Warranty

5

Yrs Parts
Unit Cost

$132

Per GPM
Vent

PowerD

Type
10 Yr Cost

$7500

Install+Utilities

About This Data: Operating and 10 year costs are based on US EIA national averages of Electricity ($0.0125/kWh), Natural Gas ($13.50/1000 ft3), and Propane ($3.00/gal). Your state may be higher or lower, so compare relative costs between water heaters. Listed water heater prices are nominal and may vary. Installation costs are assumed $300 (tanks) and $1,000 (tankless).

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