Home Improvement
Tankless Hot Water Heater
An ENERGY STAR®-approved tankless water heater gives your home the incredible advantage of never running out of hot water—and it’s the most cost-effective way to heat water to boot.
Tankless hot water systems take up less space, waste less energy and may even provide hot water faster than conventional systems. Domestic hot water upgrades to ENERGY STAR® tankless systems present a tremendous energy-saving opportunity over older, storage tank systems, especially those equipped with standing pilot lights.
Rebates of up to $1000 are available for the installation of a new tankless hot water heater. The following examples provide minimum estimates of how much money you can expect to get back in rebates—your contractor will be able to provide more details and walk you through the process.
| Fuel Type | Existing Tank Type | Min Rebate | |
|---|---|---|---|
| Natural Gas | Conventional | $585.84 | |
| Conventional (Standing Pilot) | $944.76 | most common | |
| Induced Draft | $534.38 | ||
| Induced Draft (Standing Pilot) | $893.30 |
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