Rinnai and Noritz lead tankless water heater market

Rinnai and Noritz are prominent manufacturers in the tankless water heater market, each offering distinct advantages for residential heating. Noritz is noted for specialized expertise, powerful performance, and rapid heating times. In contrast, Rinnai is recognized for energy efficiency, cost-effectiveness in operation, and environmental stewardship.

In the Canadian market, Rinnai serves as a primary price reference point. Unit costs for Rinnai models typically range from $1,200 to $1,700 for non-condensing units, and $1,800 to $2,800 for high-efficiency condensing models. In areas such as Hamilton, total professional installation costs generally fall between $3,900 and $6,500, though complex requirements like gas line upgrades or extensive venting can increase these totals.