Tankless Water Heater Prices

How much does a hot water heater cost? Knowing the answer to this question can make the installation of a new heater easier from beginning to end. As an official dealer in SimplyGreen products, Peter Biedermann can provide you with tankless water heaters at excellent prices. Before you begin exploring the final water heater price for your home, however, it is a good idea to look at the price range you can expect and to compare them to what you would pay for a standard water heater with a tank. This added perspective can be very helpful as you navigate the buying and installation process.

How Much Does a
Tankless Water Heater Cost?

Tankless water heater prices range depending on whether you choose electric or gas unit. The water heater cost can be further adjusted depending on whether you choose a supplemental unit or a heater that can handle all your water needs throughout the whole house. An electric tankless water heater can cost $1,000 or less and still remain capable of heating an entire household. Natural gas and propane units tend to cost more, but are less expensive on a month by month basis. The tankless water heater cost for these gas-powered units can run as high as $3,000 or more. Additionally, you should consult with your installer as to whether your house needs to be rewired as well.

How Does the Cost Compare
to Other Water Heaters?

When compared to a traditional water heater, a tankless unit sometimes costs more in the initial installation but less over a long period of time. An 80 gallon water heater price typically comes to $1,000 to $2,000, making it less expensive than gas or propane tankless water heaters but still more expensive than an affordable electric option. However, the energy cost for a water heater with a tank tend to run much higher. Since a water heater needs to keep the water hot even when you aren’t using it, that means a sharp increase in energy usage. In the case of an 80-gallon tank, it can take more than an hour to heat the water to a proper temperature. You can expect to save several hundred dollars each year in energy costs through the use of a tankless unit.

Cutting Costs Through Renting a Unit

To keep tankless water heater prices at the lowest, you may wish to consider renting the unit that ultimately goes into your home. Through the rental process, you can subsidize the cost your gas hot water heater prices in Canada over a period as long as five to seven years. During this time, your unit is protected by warranty, making sure that you can get quick repairs should something go wrong.

The water heater rental cost is usually somewhat offset by the amount of energy you save on a yearly basis, making this option very easy to budget. Peter Biedermann offers SimplyGreen units for rental should you wish to keep your hot water heater cost to a minimum. This allows you to make the most out of your water heater investment, spending less up front while reaping many energy-saving rewards in the long run.

Simply Green has happy clients
across Canada



Before retiring next year, I wanted to spend this year replacing a few things around the house. A new water heater was at the top of the list. Simply Green's agent pointed out the efficiency of a tankless model, so I said why not? So happy I did!



The consultation was very informative and the sales rep was knowledgeable in explaining what products would work best for me and my husband. The water tank was a great choice and has saved us a lot on our bills for the past four months. I'd definitely suggest looking into it.


Google Review

I booked a consultation with Simply Green. They responded the fastest when submitting an online quote. They were very courteous and happily answered all my questions. In no time at all everything was taken care of. I'd highly recommend your company to anyone.

Get a free whole-home assessment