I'm looking to replace my 14-year-old 50-gallon water heater and initially got a quote for $1,900, which was $250 less than another quote. However, the plumber suggested that a tankless model would cost $3,900 due to the size of my current water heater housing. By the way, the brand he recommended is the Rinnai RX180. He's also fixed a leaky faucet and is fixing a continuously running toilet for me. Is $3,900 a fair price?
3 Answers
That price seems pretty solid! I paid around $4,000 for a tankless replacement in central NC, and it included an 8-gallon add-on tank for quicker hot water access throughout my house. Plus, I got a $1,000 rebate from my utility company, which helped a lot!
I think you're getting a good deal. In my area, a tankless installation typically runs between $5,000 to $6,000, and some companies even charge $8,000 to $10,000. So $3,900 sounds like a steal!
That's encouraging to hear! I was worried I might be overpaying.
Honestly, the quoted price is slightly high but not out of the ordinary considering the market these days. Prices for these systems have been climbing, especially since the pandemic. You didn't get robbed, but definitely make sure to check what brands and models they're installing to ensure it fits your needs well!
It’s a Rinnai RX180, but I’ll look into that more. Thanks!
How do I go about applying for that rebate?