Electric tankless water heaters are way cheaper than their gas fuelled competitors.
Tankless water heater electric vs gas.
Thanks to the simplicity of the unit and no need for ventilation there are multiple options as to where you can install an electric heater.
They can reach ef of 0 98 while gas powered ones reach ef of 0 9.
In other words the colder the incoming water the lower the gpm.
They are about a third of the size of a gas heater meaning that they are suitable even if you have limited space.
They price range you re looking at is between 500 and 900.
In many areas gas prices far exceed the price of electricity.
A good sized electric tankless water heater goes for around 500.
When this is the situation an electric unit is more economical to operate.
They are more efficient than electric water heaters as well.
For a good sized gas fuelled tankless heater costs between 1000 and 1200.
Tankless gas water heaters that use natural gas are much lower in price than electricity and propane water heaters.
Electric tankless heaters are more affordable.
Prices of natural gas and propane are usually lower than the price of electricity.
This is almost 2 times the price of an electric tankless water heater.
Electric tankless water heaters are on average more efficient.
It must be noted that natural gas is not available in rural areas in this case propane is a better choice.
The impressive energy efficiency of electric tankless water heaters will offset the higher fuel prices.
An electric tankless water heater is capable of delivering 8 gpm of hot water.