Noritz NR501-DV-NG Non-Condensing Tankless Water Heater

Model NR501-DV-NG
4.1/5 from 180 ratings
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Price as of Apr 2026
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Btu
180000
Venting
Category III Stainless
Fuel Type
Natural Gas
Tank Type
Tankless
Capacity Gpm
5
Energy Factor
0.82

Noritz NR501-DV-NG Non-Condensing Tankless Water Heater Review

The Noritz NR501-DV-NG is a non-condensing tankless water heater. The "NR501" identifies 140K BTU output in Noritz's non-condensing line; "DV-NG" means direct-vent natural gas.

Specs: 140,000 BTU natural gas input, UEF 0.82 (non-condensing), 6.6 GPM at a 35°F rise, copper heat exchanger, Category III stainless B-vent venting. 12-year warranty on heat exchanger.

Non-condensing positioning is for retrofits reusing existing chimney access — saves $700-$1,200 in venting work versus condensing tankless retrofit. The trade-off is the lower UEF (0.82 vs 0.95 for condensing), worth about $50-$80/year in additional gas cost.

About $1,400 unit, $2,600 installed. Right buyer: retrofit replacing aging atmospheric gas tank with existing reusable B-vent chimney, where Noritz dealer presence is established in the local market.

Full Specifications

Brand
Noritz
Model Number
NR501-DV-NG
Btu
180000
Venting
Category III Stainless
Fuel Type
Natural Gas
Tank Type
Tankless
Capacity Gpm
5
Energy Factor
0.82
Warranty Years
10

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