If you’re thinking about upgrading your water heating system, a tankless water heater could be a great choice. These heaters are more energy-efficient, provide endless hot water, and take up less space than traditional tank heaters. Before making the switch, it’s important to understand the tankless water heater installation cost in Canada and what factors can affect the price.
In this article, we’ll explain the installation costs, what can influence them, and if it’s worth the investment for your home.
What is a Tankless Water Heater?
A tankless water heater, also called an on-demand water heater, heats water only when needed. Traditional water heaters store and heat large amounts of water in a tank, but tankless models heat the water as it passes through the unit. This makes them more energy-efficient since you’re not paying to keep a large tank of water hot all the time.
In Canada, tankless water heaters are becoming more popular because they help save energy, especially during the cold winter months. Some households see up to 30% in energy savings by switching to tankless models.
How Much Does It Cost to Install a Tankless Water Heater in Canada?
The tankless water heater installation cost in Canada typically ranges from $1,000 to $3,500, depending on a few factors. Here’s what influences the price:
- Type of Tankless Water Heater (Electric vs. Gas)
- Electric tankless water heaters are usually cheaper to install but may not work as well in colder climates. They cost between $1,000 and $2,500.
- Gas units, while more expensive to install, are often better in cold weather. Gas models range from $1,500 to $3,500, as they need extra work, like venting and gas line connections.
- Size of the Unit and Water Flow
- The size of the tankless water heater you need depends on your household’s water use. Larger families may need a bigger unit with a higher flow rate, which can increase the tankless water heater installation cost in Canada.
- Installation Complexity
- If you’re replacing a traditional water heater with a tankless model, extra work may be required, like adjusting plumbing or installing new venting. The more complex the installation, the higher the labor costs, which can range from $500 to $1,500.
- Location and Permits
- Costs can also vary depending on where you live. Urban areas may have higher labor rates than rural areas. Also, some places require permits for gas heaters, which can add to the cost.
Is a Tankless Water Heater Worth It?
While the tankless water heater installation cost in Canada can be high, there are several benefits that make it worth considering:
- Energy Efficiency
- Tankless water heaters only heat water when you need it, which reduces energy waste. Over time, this can save you money on utility bills.
- Unlimited Hot Water
- Unlike traditional water heaters that can run out of hot water, tankless units provide continuous hot water for as long as you need it.
- Long Lifespan
- Tankless water heaters generally last longer than traditional ones. With proper care, a tankless model can last up to 20 years, while traditional models typically last about 10 years.
- Space-Saving Design
- Tankless units are small and can be mounted on a wall, saving you space compared to bulky traditional tanks.
How to Lower Your Tankless Water Heater Installation Cost in Canada
If you’re looking to lower the tankless water heater installation cost in Canada, here are a few tips:
- Get Multiple Quotes
- Shop around and get estimates from different plumbers or contractors to find the best price.
- Check for Rebates and Incentives
- Some provinces and cities offer rebates or incentives for installing energy-efficient systems. Look into local programs to help reduce costs.
- Consider Electric Models
- If a gas unit isn’t necessary for your home, an electric tankless heater could be a more affordable option, both for the unit and installation.
- Maintain Your Unit
- Regular maintenance, like cleaning filters and descaling, can extend the life of your tankless water heater and prevent costly repairs.
Conclusion
Upgrading to a tankless water heater can be a smart investment for homeowners in Canada. Although the tankless water heater installation cost in Canada can be high, the energy savings, unlimited hot water, and longer lifespan make it a good choice for many homes.
By understanding the costs and taking steps to reduce them, like checking for rebates or getting multiple quotes, you can make an informed decision. Consulting with a licensed plumber will also ensure you get the right unit for your home and a safe installation.