Tankless Water Heater Cost Comparison

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Tankless Water Heater Cost Comparison

 Richmond
 Model:
RMTG-53XN
 Type: 5.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
141000 BTU/H
 Vent: Atmospheric
 Flow: 3.1 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $600
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


2


Heater
Only
Payback
Years


12


Heater
Plus Install
 Noritz
 Model:
NR50-OD
 Type: 5 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
120000 BTU/H
 Vent: Atmospheric
 Flow: 2.5 GPM (80* Rise)
 Energy Star: Yes
 Nominal Price: $600
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


2


Heater
Only
Payback
Years


12


Heater
Plus Install
 Rinnai
 Model:
R50LSiN
 Type: 5 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
150000 BTU/H
 Vent: Direct
 Flow: 3.2 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $800
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


4


Heater
Only
Payback
Years


14


Heater
Plus Install
 Takagi
 Model:
T-KJr-N
 Type: 5.8 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
140000 BTU/H
 Vent: Power
 Flow: 2.9 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $800
Energy
Factor


0.83


Efficiency
Ratio
Operating
Cost


$235


Annual
US Avg
Limited
Warranty


10


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


13


Heater
Plus Install
 Rinnai
 Model:
V53eN
 Type: 5.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
120000 BTU/H
 Vent: Atmospheric
 Flow: 2.5 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $700
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


10


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


13


Heater
Plus Install
 Rinnai
 Model:
V53iN
 Type: 5.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
150000 BTU/H
 Vent: Direct
 Flow: 3 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $700
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


10


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


13


Heater
Plus Install
 Rinnai
 Model:
RV53eN
 Type: 5.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
120000 BTU/H
 Vent: Atmospheric
 Flow: 2.6 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $750
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


10


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


13


Heater
Plus Install
 Rinnai
 Model:
RV53iN
 Type: 5.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
150000 BTU/H
 Vent: Direct
 Flow: 2.6 GPM (77* Rise)
 Energy Star: Yes
 Nominal Price: $750
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


10


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


13


Heater
Plus Install
 Bradford White
 Model:
TG-150E-N
 Type: 5 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
150000 BTU/H
 Vent: Atmospheric
 Flow: 4.2 GPM (65* Rise)
 Energy Star: Yes
 Nominal Price: $1000
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


6


Heater
Only
Payback
Years


16


Heater
Plus Install
 Bradford White
 Model:
TG-150I-N
 Type: 5 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
150000 BTU/H
 Vent: Atmospheric
 Flow: 4.2 GPM (65* Rise)
 Energy Star: Yes
 Nominal Price: $1000
Energy
Factor


0.82


Efficiency
Ratio
Operating
Cost


$238


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


6


Heater
Only
Payback
Years


16


Heater
Plus Install
 Bosch
 Model:
1600H NG
 Type: 4.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
117000 BTU/H
 Vent: Power
 Flow: 2.4 GPM (77* Rise)
 Energy Star: No
 Nominal Price: $700
Energy
Factor


0.8


Efficiency
Ratio
Operating
Cost


$243


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


14


Heater
Plus Install
 Bosch
 Model:
1600P NG
 Type: 4.3 GPM Max Tankless
 Fuel: Natural Gas
 Energy:
117000 BTU/H
 Vent: Power
 Flow: 2.4 GPM (77* Rise)
 Energy Star: No
 Nominal Price: $600
Energy
Factor


0.69


Efficiency
Ratio
Operating
Cost


$282


Annual
US Avg
Limited
Warranty


12


Years Heat
Exchanger
Payback
Years


3


Heater
Only
Payback
Years


20+


Heater
Plus Install

Tankless Water Heater Cost Comparison


About This Data: Operating costs are based on US EIA national averages of Electricity ($0.012/kWh), Natural Gas ($13/1000 ft3), and Propane ($2.80/gal). Prices fluctuate and your state may be higher or lower, so compare the relative costs. Payback years are based on comparisons with same-fuel, basic tank water heaters: Electric (EF 0.9, Price $350), Gas/Propane (EF 0.58, Price $450). To compare paybacks of changing fuel sources use the operating costs. Installation costs are assumed $300 (tanks) and $1,000 (tankless).


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Tankless Water Heater Cost Comparison




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