Tankless Water Heater Savings Calculator

Compare tankless versus tank water heater costs.

Tank Annual Cost ($)

Tankless Annual Cost ($)

Extra Install Cost ($)

Formula

Annual Savings = Tank Cost - Tankless Cost

How long do tankless water heaters last?

Tankless water heaters typically last 20 or more years.

Are tankless heaters worth it?

They are worth it if your payback period is under 5 years.