What Is The Average Cost To Replace A Hot Water Heater?
It is possible that the cost of replacing a hot water heater system may be significantly higher in 2020, depending on your requirements. Replacement of a heater with a 50-gallon tank unit can cost anywhere from $400 to $1,000 on average, depending on the model. If you choose to go tankless, the cost might range anywhere from $1,500 and $2,500, depending on your location. Additionally, most plumbers will charge you for properly disposing of your old water heater in addition to the expenses of components and labor (which range between $250 and $500).
Replacing your water heater: which type?
When comparing the costs of a typical water heater with a tank and a tankless water heater, the difference is fairly considerable. In certain cases, a tankless heater might cost up to $1,600 just for the device (minus labor costs). Tankless devices, on the other hand, have the potential to save you money over time. This is due to the fact that typical water heaters can hold up to 50 gallons of hot water, which is a significant amount of water to heat. Tankless water heaters operate on the principle of superheated coils to provide hot water on demand.
If you can afford a tankless system altogether or if you can work out a payment plan with your lender, it may be worthwhile to consider a tankless system since you might save money on fuel or utility costs.
The pros and cons of tank water heaters
A tankless water heater may be out of reach financially, but the good news is that a conventional water heater will cost you substantially less money in the long run. Tank water heaters are available for purchase for a range of prices ranging from $200 to $600. These devices are less expensive to acquire, less difficult to install, and they do not cause problems with hot water delivery. On the other hand, they are more expensive to operate, have a shorter lifespan of 6-10 years, and must be placed within the home, which means they might take up precious space that could be put to greater use elsewhere in the house.
Cost comparison: gas vs electric water heaters
If you are concerned about the long-term energy expenditures of your water heater, an electric water heater is the most cost-effective option for you to consider. When it comes to powering your gadget, electricity is somewhat more expensive than natural gas, while an electric water heater is marginally less expensive than a gas-powered heater. An electric water heater may be a smart option if you’re contemplating additional cost-saving initiatives such as solar panels. The typical cost of an electric tank heater is roughly $750, with yearly energy usage being around $460 per heater.
The importance of energy efficiency
The most cost-effective option for you if you are concerned about the long-term energy bills of your water heater is an electric appliance. Powering your equipment with electricity is marginally more expensive than using natural gas, however an electric water heater is marginally less expensive than using gas to power your gadget. An electric water heater may be an excellent alternative if you’re contemplating additional cost-saving initiatives such as solar panels.
The typical cost of an electric tank heater is roughly $750, with yearly energy usage being around $460 dollars. Annual energy expenditures for a gas tank heater are around $350, which is somewhat more than the cost of an electric tank heater.
When it comes to replacing a water heater, you should be informed of any additional costs that may be incurred – and whether or not you will be required to incur them. Adding a warranty to your heater, for example, may increase the cost of the heater, but it may also cover you in the case of equipment failure.
Any additional expenditures that you may incur while replacing a water heater should be considered, as should whether or not you actually require them. Adding a warranty to your heater, for example, may increase the cost of the heater, but it will cover you in the event that the item fails.
Hot Water Heater Costs & Installation Prices
When it comes to replacing a water heater, you should be informed of any additional charges that may be incurred – and whether or not you will really use them. For example, a warranty may increase the cost of your heater, but it may also cover you in the case of a malfunctioning item.
How Much Does It Cost to Buy a Hot Water Heater?
Hot water heaters are crucial components of any household, whether you’re washing linens in hot water or resting in a nice bubble bath. When estimating the cost of replacing a water heater, consider the cost of the unit itself, as well as the time it will take your pros to install the unit. Water heaters range in price from $300 to $2,000 for the device alone, with labor costs ranging from $45 to $150 per hour. If the plumber does not need to make any changes to the system, such as switching from an electric to a gas system, the installation visit should take no more than two to three hours on average.
The Average Cost of Hot Water Heaters With Installation
- 900 dollars for a 40- to 50-gallon tank
- 3,000 dollars for a tankless system
Additional Hot Water Heater Costs
Assuming all goes smoothly, all you’ll need is a simple water heater exchange—out with the old, in with the new. Some households, however, will require additional services in order to complete the changeover appropriately. The requirements for residential water heaters change from time to time, necessitating frequent modifications. But try not to be concerned about these code upgrades; they are strictly for safety reasons. Your plumber will inform you of the code requirements (and may direct you to other local specialists such as an electrician), which is especially important if you want to convert from a gas to an electric water heater or if you want to relocate the water heater.
- Electricians charge between $50 and $100 per hour
- Additional wiring costs between $550 and $2,200
- New gas lines cost between $250 and $800
- New water lines cost between $350 and $1,900
- Required permits cost between $100 and $1,500
- Wall framing costs between $200 and $400
- Drywall installation costs between $1,000 and $2,900
- Water heater removal costs between $100 and $500
How Much Does It Cost to Buy a Hot Water Heater Near You?
Electricians charge between $50 and $100 per hour; additional wiring costs between $550 and $2,200; new gas lines cost between $250 and $800; new water lines cost between $350 and $1,900; required permits cost between $100 and $1,500; wall framing costs between $200 and $400; drywall installation costs between $1,000 and $2,900; water heater removal costs between $100 and $500.
The City or State Average Cost Range
- San Diego:$935–$1,600
- San Francisco:$1,050–$1,850
- Austin, TX:$850–$1,650
- Atlantic City, N.J.:$1,129
How Much Does It Cost to Buy a Hot Water Heater by Type?
Tank and tankless water heaters are the two types of water heaters available. Both types of water heaters generate hot water using either natural gas (natural gas or propane) or electricity. It’s not uncommon for a classic tank water heater to have a huge storage tank that may contain anywhere from 30 to 80 gallons of water. 90 percent of families have a tank hot water heater that is hidden away in a basement or laundry room, and you are not alone. A tankless water heater is about the size of a compact suitcase, and it heats water using a coil system instead of a tank.
As with a heating zone, indirect-fired heaters employ a coil within the tank that is connected to a boiler through pipework.
These tanks are more costly (about $1,000 to $1,500) than typical gas or electric tanks, and they take between four and eight hours to install on average.”
Gas Water Heater Costs vs. Electric Water Heater Costs
Natural gas units, on average, cost $100 to $200 more than electric units and operate at a lower efficiency than electric units. However, if your city’s electric rates are high, the gas alternative will be a more cost-effective option in the long run. In an apartment or a compact area, electric water heaters (both tank and tankless) are the most efficient option since they do not require various types of venting.
Gas Water Heater
- Over a 12-year period, the cost is $5,000. The device ranges in price from $250 to $1,800.
Electric Water Heater
- A total of $5,000 will be spent during a 12-year period. Approximately $250–1,800 for the unit
|Gas Water Heater||$250 – $1,800|
|Electric Water Heater||$200 – $2,880|
Average Cost of a High-Efficiency Water Heater
Despite the fact that you use your water heater on a regular basis, you may not be aware that it is the second-highest source of energy usage in your house (an HVAC ranks first). Investing in a high-efficiency water heater is both a cost-effective and ecologically responsible decision. High-efficiency water heaters typically cost between $1,000 and $3,000, including the equipment and installation labor. Their energy efficiency ranges from 100 percent to 300 percent more than that of typical water heaters, and they include features such as high-quality insulation, plastic tanks, and sophisticated controls that detect leaks.
Tankless Hot Water Heater Costs
The water heater, despite the fact that you use it on a regular basis, is the second-highest source of energy consumption in your house, according to the Energy Star program (an HVAC ranks first). It is both inexpensive and ecologically good to purchase a high-efficiency water heater. An typical high-efficiency water heater costs $1,000 to $3,000, including installation and labor. Compared to traditional water heaters, they are 100 percent to 300 percent more energy efficient, and have enhancements such as high-quality insulation, plastic tanks, and sophisticated controls that detect leaks.
Solar Water Heater Costs
You’ll see a solar water system on any “off the grid” home-building show if you pay attention. The owners save money over time as a result of this technology, although the initial investment is substantial. It costs between $1,800 and $5,500 to install a solar water heater; however, the price can rise to as much as $13,000 depending on the product, installation fees, maintenance expenses, and the availability of a qualified contractor.
Hybrid Heat Pump Water Heaters Costs
You may witness a solar water system in action on any “off the grid” house building show. The owners save money over time as a result of this technology, although the initial cost is significant. Fees for solar water heater installation range from $1.880 to $5.580; however, the cost of a solar water heater can reach as high as $13,000 depending on the type, installation expenses, maintenance costs, and the availability of a qualified contractor.
Indirect Water Heater Installation Costs
Indirect water heaters range in price from $800 to $1,500 and are a versatile and efficient option. This function is the most popular since it allows you to use a variety of energy sources from a local source. These include gas, oil, propane, electric, solar, or any combination of these. Indirect water heaters generate heat by heating water in a coil within the tank’s interior. Even though the water used to heat that water may be heated by a direct fuel source such as natural gas, oil, or propane, that water that is used to heat the water distributed to your fixtures is heated by the internal water coil (which is typically made of copper, stainless steel, or nickel-plated copper), not by a direct fuel source (hence the term “indirect” heater).
|High-Efficiency Hot Water Heater||$1,000 – $3,000|
|Tankless Hot Water Heater||$1,000 – $3,000|
|Solar Water Heater||$1,800 – $13,000|
|Hybrid Heat Pump Water Heater||$1,200 – $3,500|
|Indirect Water Heater||$800 – $1,500|
What Factors Influence the Cost of a Hot Water Heater?
Indirect water heaters range in price from $800 to $1,500, but they are a versatile and efficient option. The ability to use a variety of energy sources from a local source (gas, oil, propane, electric, solar, or any combination of these) is the most popular selling point. Water is heated in a coil within the tank of an indirect water heater. Even though the water used to heat that water may be heated by a direct fuel source such as natural gas, oil, or propane, that water that is used to heat the water distributed to your fixtures is heated by the internal water coil (which is typically made of copper, stainless steel, or nickel-plated copper), not by a direct fuel source (hence the term “indirect” heater)
Location of the Hot Water Heater
Most homeowners purchase a new water heater only after their current one fails, and this usually occurs at an inconvenient time—for example, when you have houseguests who love hot showers. A hot water heater upgrade or a relocation of your hot water heater is most likely in order. The position of the hot water heater might be changed by homeowners in order to conserve space or make way for additional changes. If you choose for a tankless unit, the position of the installation may be altered as well.
Water Heater Sizes
The simplest way to determine what size water heater you’ll need is to count the number of people who live in your home. Calculate your first-hour rating (FHR), also known as peak hot water demand, as well as the recovery rate of your tank to become more specific. As an illustration: Gallons consumed in one hour using the function XPeak Use during one hour = Gallons consumed in one hour Showering for 10 gallons on average each hour multiplied by three hours is 30 gallons.
Tank Water Heater Measured by Gallons
- The simplest way to determine what size water heater you’ll need is to count how many people live in your home. Calculate your first-hour rating (FHR), also known as peak hot water demand, as well as the recovery rate of your tank to get down to the facts. As an illustration, consider: Gallons consumed in one hour according to the function XPeak Use during one hour 10 gallon average shower volume multiplied by three showers per hour Equals 30 gallon average shower volume.
Tankless Water Heaters Measured by Gallons Per Minute
- For one individual, 20–30 gallons of water will be used in 2–3 minutes. 2–3 people: 30–40 gallons in 3–5 minutes
- 4–5 people: 40–50 gallons in 4–6 minutes
- 6+ people: 55 gallons in 5–6 minutes
Getty Images photo by brizmaker from the iStock collection.
FAQs About Water Heater Costs
Even though most people wait until the last minute, you should consider purchasing a hot water heater if you begin to see the telltale indications of approaching failure. Keep in mind that the lifespan of a normal tank water heater is eight to twelve years, depending on the model. Here are a few red flags to look out for:
- You should consider purchasing a hot water heater if you begin to see indicators of approaching failure, even if the lifespan of a normal tank water heater is eight to twelve years, even though most people wait until the last minute to do so. Here are a few red flags to watch out for.
How can I extend the life of my water heater?
The longevity of a tank-type heater is determined by the anode rod that is put within the tank. This rod is intended to attract corrosive substances and pull them away from the metal components of the tank’s metal components. Anode rods have a lifespan of around five years. Replacing the anode every three to four years may effectively double the tank’s lifespan, effectively doubling it practically indefinitely. In addition, the anode rod is one of the least costly changeable elements of a heater (costing on average approximately $30).
How do I find a professional to install my hot water heater?
The sort of unit that your home requires is something you’re looking for in a trained, local, and licensed plumber with expertise installing that type of unit. Not every contractor or plumber have the necessary expertise to install these systems.
Consult with each professional to determine whether they have previous experience dealing with your particular scenario, particularly if you want skills for an electric to gas conversion or a complex tankless or solar heating system.
How Much Does It Cost to Replace a Water Heater?
The good news is that, with any luck, you will not have to replace your water heater for at least a decade after this. In light of this, we believe the bad news is rather obvious: Please accept our apologies for informing you that your outdated water heater will no longer be able to provide you with additional time. It is past due for a complete overhaul. It is natural for you to ask yourself, “How much will this cost me?”. And, of course, we have the solution to your question. This Might Also Be of Interest to You: If the hot water runs out while you’re in the shower, what should you do?
- The purchase price of the unit itself
- Materials needed for the installation. Plumbing services provided by a qualified plumber
- Permits for the installation of equipment
- The current condition of your plumbing system
- You should consider the placement of your pipes. It is optional for us to remove your old unit. Whether you want to install a water heater in a new location or relocate an existing one, we can help. If you want to make the switch from electric to gas, or from tank to tankless, you’ll need to rewire your home or install a gas line, among other things. Anything else that adds to the amount of hours it takes to finish the project is prohibited.
According to research from HomeServe, the national average cost to replace a water heater is more than $1,700 on average. Keep in mind that your selected contractor will almost definitely charge you an additional hundred dollars or so for a diagnosis fee, which will be charged regardless of what you decide to do when he or she comes to your home and determines the nature of the problem. The type of water heater you choose to install has the greatest impact on the cost of water heater replacement.
- Additional costs, such as a new drain pan, seismic strapping, or exhaust venting, might add several hundred dollars to the total cost of the project.
- For example: The total cost of a similar-sized property in Kentucky might be as little as 1,300 dollars, while a homeowner in Idaho may pay about two thousand dollars for the same-sized unit.
- Check out our cost guide for a more in-depth look at water heater price, which includes national and state-specific pricing averages for both repair and replacement.
- Everything you see here is based on aggregated HomeServe data provided by a nationwide network of contractors totaling thousands of employees.
Also keep in mind that the regional averages shown below should be interpreted as referring to conventional “tanked” models — the most prevalent kind — as opposed to tankless or “on-demand” types, which can cost up to twice as much as conventional “tanked” models.
National Average Job Cost for Water Heater Diagnoses and Replacement
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Additional Related Articles:
- Do not forget to flush your hot water heater! How to Maintain a Hot Water Heater
- Don’t Forget to Flush! The following is a 6-Step Guide for Flushing Your Gas or Electric Water Heater: There are several different types of hot water heating systems. The following are the costs of installing a water heater: What’s the difference between a tank and a tankless system? Determine whether or not a tankless water heater is appropriate for your home. What is a Smart Water Heater and how does it work?
Water Heater Price Ranges by Type
- Natural gas tankless water heaters range in price from $4,211.67 (7.5 gallons per minute) to $4,703.04 (9.4 gallons per minute)
- Tankless water heaters range in price from $3,743,85 (7.5 gallons per minute) to $4,404.52 (9.4 gallons per minute)
- Electric water heaters range in price from $928.20 (30 gallons) to $1,327.86 (80 gallons)
- Propane water heaters range in price
Additional Expenses Contributing to Water Heater Replacement Costs
- Expansion tank:$118.60
- Water heater stand or platform:$151.61
- Drain pan:$94.04
- Earthquake strapping:$129.26
- Exhaust venting:$114.77
- Expansion tank:$118.60
What Goes Into the Price You Pay for Installation?
Installing a water heater on a stand or shelf costs $70.20; a drain pan costs $94.04; earthquake strapping costs $129.26; exhaust venting costs $1114.77; an expansion tank costs $1118.60; and a water heater stand or platform costs $1151.61. a water heater stand or platform costs $1151.61;
Which Water Heater Brands Cost the Most to Install?
Varying manufacturers charge different costs for their heaters, although some brands may design heaters that are more powerful than others. The brands you choose should be ones that offer a good combination of cost, dependability, and durability; this is especially true when it comes to electronics. Consumer Reports has awarded good ratings to A.O. Smith, Rheem, Whirlpool, GE, and Kenmore, among other brands of appliances.
- Rheemhas a reputation for being a company that allows you to save money, with tank water heaters ranging in price from $400 to $2,300. A.O. Smithheaters are comparable in performance, however they may cost up to $3,500
- Noritz appeals to people who are looking for a more affordable tankless water heater, with units starting as low as $515 on Amazon. Tankless heaters from the Rinnai brand, on the other hand, may cost anywhere from $900 to $1,995 depending on the model.
Are Energy-Efficient Models Worth It?
While attempting to determine water heater pricing, many homeowners question if it is really necessary to consider energy efficiency when making their decision. Most energy-efficient versions will be a bit more expensive than normal ones, but they will promise to make up for that difference in price through lower monthly utility expenses. If you want to know if an energy-efficient model is worth the investment, you should compare its yearly operating expenditures to the operating expenses of cheaper, non-energy-efficient versions that are less expensive.
In general, the amount of money you save will be determined by factors such as your local energy costs and the level of energy efficiency.
The use of a high-efficiency tankless water heater might result in even greater savings, ranging from 45 percent to 60 percent.
How Long Before You Need to Replace Your Water Heater Again?
Many homeowners ask whether it is even necessary to consider energy efficiency while attempting to determine water heater pricing. Energy-efficient versions are often a bit more expensive than normal ones, but they promise to make up for the difference in monthly electricity costs. You must compare the yearly running expenditures of an energy-efficient model to those of a less expensive, non-energy-efficient model in order to assess whether or not it is worthwhile to invest in one. In order to determine if it will be more cost-effective to purchase an energy-efficient water heater in the long run, multiply these yearly savings by the water heater’s expected lifespan.
In accordance with the Energy Star program, a high-efficiency tank water heater may save you anywhere between 10 and 20 percent on your energy bills.
A tankless water heater with good efficiency might deliver even greater savings, ranging from 45 percent to 60 percent. Overall, energy-efficient tanks may save up to $1,800 in energy costs over the course of their useful lives, making them less expensive than conventional ones.
Signs of Trouble (and How to Avoid Them)
The following are examples of warning indications that your water heater is about to fail:
- The tank is emitting banging or rumbling noises. Water that is hot and appears red or yellow
- Energy bills that are unusually high
- A abrupt drop in the temperature of the hot water
- Leaking from the tank’s perimeter
Maintaining your hot water tank on a regular basis, such as flushing it and changing the sacrificial anode rod, can help it survive as long as possible. If you discover any difficulties with your water heater, contact a water heater repair service right enough to avoid more damage. With a little regular maintenance on your tank, you can avoid having to pay for water heater replacement prices any more frequently than is really required in most cases.
Water Heater Installation Cost Guide (2022)
Routine maintenance, such as cleaning your hot water tank and changing your sacrificial anode rod, can ensure that your tank lasts for the longest possible period. Contact a water heater repair company as soon as you spot any difficulties to avoid further harm. Regular maintenance of your tank can help you avoid having to pay for water heater replacement prices any more frequently than absolutely required.
Tank vs. Tankless Water Heater Costs
In terms of water heaters, the tank and tankless water heaters are two of the most popular options available.
Tank Water Heaters
Two of the most prevalent types of water heaters are the tank-style and the tankless-style water heater.
Tankless Water Heaters
Tankless water heaters function by heating water only when it is required. The technology heats the water pipe with either a gas burner or electricity, allowing it to furnish water on demand. A tankless device, like a hot water storage tank, can be kept in a basement or utility closet for easy access. Tankless heaters are less bulky than tank units and may be placed on the wall of a bathroom or bedroom, for example. Tankless water heaters are more expensive to purchase up front than tank water heaters, with prices ranging from $1,200 to $3,500 for homes.
Electric tankless heaters will require the installation of brand new electrical wiring.
Furthermore, these water heaters have a longer longevity, with an average lifespan of around 20 years.
Gas vs. Electric Water Heater Costs
Tankless and tank water heaters are both available in gas and electric variants, with each offering its own set of advantages and disadvantages to homes.
Electric Water Heaters
An electric tank is less expensive to purchase and install than a gas tank, with a household 50-gallon tank water heater costing roughly $500 to purchase and put in place. The overall cost of operation on a monthly basis, on the other hand, is typically more than the cost of operating a gas heater. Because there is a lower danger of a leak or combustion with this heat source than with gas, it is regarded to be safer than gas. The disadvantage of using an electric heater, which is more ecologically friendly, is that if the power goes out, so does the hot water.
Gas Water Heaters
Gas heaters are more expensive to acquire, with a 50-gallon tank costing around $700. The operating costs of these heaters, on the other hand, are less expensive than those of an electric type. Despite the fact that natural gas is more likely to combust or leak, a gas-powered water heater produces hot water without the use of electricity.
The most significant disadvantage of using a gas water heater is the harm it causes to the environment via the release of carbon dioxide. More information may be found at: How to Choose the Most Appropriate Water Heater Warranty
Energy-Efficient Storage Tank Water Heater Costs
If you want to be more ecologically concerned, you might consider purchasing one of these energy-efficient water heaters instead.
Solar Water Tank Heaters
Natural sunlight is used to heat the water in these water heaters. A solar water heater system is made up of two parts: a storage tank that retains water and solar collectors that produce heat. In most cases, a solar water heater will rely on a standard water tank in the event of a power failure. Active solar water tank systems and passive solar water tank systems are the two main types of solar water tank systems. An active system provides water to residences through the use of a pump, whereas a passive system circulates water around the home through the use of natural convection.
The increased expense is due to the considerable amount of labor required as well as the requirement for a backup water heater.
Indirect Water Heaters
These solar-powered water heaters heat water by absorbing sunlight. In a solar water heating system, there is a storage tank that contains water and sun collectors that produce heat. If an emergency occurs, a solar water heater will often fall back on a regular water tank. Active solar water tank systems and passive solar water tank systems are the two main categories of solar water tank systems. An active system delivers water to residences through the use of a pump, whereas a passive system distributes water throughout the home through the use of natural convection.
A large amount of labor was required, and a backup water heater was required, which increased the expense.
Signs of a Failing Water Heater
You should be on the lookout for warning indicators (such as the ones listed below) that indicate that you need to replace your water heater if you already have one on your property. You may also avoid these problems by keeping your system in good working order using items from reputed firms such as Corro-Protec.
- Water that is discolored or has an unusual flavor
- It is possible to have water that takes longer to heat than usual or does not heat at all. Noises originating from your water heater that are loud or unusual
- A hot water heating system that has been in operation for more than 15 years
Selecting Your Water Heater
Keep the following considerations in mind when selecting a water heater for your residence:
- Prior to purchasing a water heater for your house, examine whether or not the required fuel type is readily available. For example, if you’re considering a natural gas water heater, ensure sure your home already has or is capable of receiving a natural gas connection before proceeding. Household size and number of people in your house should be taken into consideration when purchasing a gas tank. Size of your home— For example, a family of two people need a 30–40 gallon tank, but a household of four people requires a 50–60 gallon tank. Savings on both costs and energy— Consider the price of each water heater as well as the cost of the fuel it uses. However, while certain heaters may be more expensive up front, their energy efficiency may allow you to save money in the long term.
When You Should Call a Plumbing Professional
It is suggested that you contact a professional if your water heater is showing symptoms of wear or if it has abruptly failed. Despite the fact that you may opt to replace a water heater as one of your home improvement projects, the intensive work and extensive expertise required to install a system make water heater repairs and replacement a job that is best left to a professional plumber.
Frequently Asked Questions About Water Heaters
After installation, a gas heater will take around 40 minutes to reach full temperature, but an electric heater may take an hour or longer. The length of time it takes for the heater to begin supplying hot water to your house is also dependent on the size and kind of water heater you have.
How many hours a day does a water heater run?
The runtime of a water heater varies on the size, type, and fuel source. A tankless water heater typically runs for around an hour per day, but a tank water heater may run for four hours or more each day.
Immediately contact a licensed plumber if you find that your water heater is operating more frequently than normal. The plumber will evaluate your heater for any faults.
How much does it cost to replace a 50-gallon water heater?
For an electric water heater of the same size, the cost is around $1,000, while a natural gas water heater of the same capacity is approximately $1,200. Send an email to our Reviews Team firstname.lastname@example.org if you have any comments or questions regarding this post.
How Much Does Water Heater Installation And Replacement Cost?
Note from the editors: We receive a commission from affiliate links on Forbes Advisor. The thoughts and ratings of our editors are not influenced by commissions.
Water Heater Costs
On average, the cost to replace a water heater is$1,200, including the price of the new unit and labor. As cheap as $815 might be obtained by bargain hunters who are looking for a good deal. High-end systems can cost upwards of $10,000 or more, depending on the type of water heater used, the location of the installation, and other factors that we’ll discuss in further detail later. Additionally, you may be interested in the tankless water heaters available at Home Depot. Testimonials from customers Exceptionally well-written Performance Platinum 9.5 GPM Liquid Propane Water Heater by Rheem Performance Platinum 9.5 GPM Liquid Propane Water Heater by Rheem 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series Testimonials from customers Exceptionally well-written 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 3Rinnai RU199iP RU Model Series 4Rinnai V53DeP V Model Series 4Rinnai V53DeP V Model Series 4Rinnai V53DeP V Model Series 4Rinnai V53DeP V Model Series Model Series: Rinnai RL75eP RL Model Rinnai RL75eP Testimonials from customers Exceptionally well-written Model Series: Rinnai RL75eP RL Model Rinnai RL75eP If you’re considering purchasing a propane tankless water heater, you may feel overwhelmed by the number of options available.
Price, customer rating, maximum GPM, heating capacity (in BTUs), and Energy Star certification were all taken into consideration while compiling this top-five ranking.
Hot Water Heater Installation Prices
Replace a water heater entails a number of elements that all influence the ultimate project cost, starting with the size and kind of unit that is used and progressing from there.
Tank vs. Tankless
For more than a century, tank-type water heaters have been the industry standard for heating water. They keep the hot water in tanks ranging from 30 to 80 gallons. In the United States, this style of water heater accounts for more than 85 percent of all household water heaters. A tank-style hot water heater installation costs on average between $ 650 and $2,100, which includes the cost of the new water heater, supplies, and installation labor. They can be powered by electricity, gas, propane, or fuel oil, and they have a lifespan of 10 to 12 years.
The water is heated as it passes through the waterline, rather than being stored and kept hot by using energy to maintain the temperature of the water.
Tankless water heaters run between$1,000 and $3,500installed. They can be fueled by gas or electricity and have a lifespan of more than 20 years in many cases.
Tank Size or Tankless Water Heating Capacity
The size of the water heater has an impact on the cost as well. Tank-style water heaters are available in capacities ranging from 20 to more than 80 gallons of storage, with the majority of homeowners opting for a 40 or 50-gallon capacity. Tankless water heaters are available in capacities ranging from two to six gallons per minute (gpm). It is advised that most homes have a greater flow rate of four to six gpm. When purchasing a new unit, be sure that it will provide adequate hot water for the amount of people that will be living in the house.
Gas vs. Electric
Depending on the model, water heaters are powered by gas (natural gas or propane) or electricity. Heat is given either by a gas flame or by an electric coil, depending on the application. Even though electric water heaters are more expensive than gas water heaters, over the course of the unit’s lifespan, gas water heaters are frequently more cheap owing to the higher cost of electricity and lower cost of natural gas or propane in many parts of the country. Electric water heaters are still an excellent solution for tiny or limited spaces since they do not require any venting to function properly.
Direct Vent vs. Power Vent
Gas water heaters create exhaust that must be vented either directly overhead through a vent flue or through a power vent blower to provide proper ventilation. Unlike indirect vent water heaters, direct vent water heaters exhaust through a flue pipe located above the device. A direct vent gas water heater will cost between $500 and $1,000 more to install than an electric water heater. Power vent water heaters utilize a fan to blast exhaust out through vent pipes, so you should budget an extra $500 to $1,000 for the installation of the vent pipe.
When compared to a direct vent system, this method provides greater flexibility in terms of where the unit may be installed while also being more energy efficient.
Labor Cost to Install a Hot Water Heater
In addition to the cost of the unit, the labor charge accounts for a significant portion of the total installation cost. Prices for labor can range from $150 to $1,000 or even more per hour. They vary depending on the hourly rate of the installer, the size and kind of water heater being installed, and the location of the installation.
Cost Per Hour
Along with the cost of the unit, labor charges account for a significant amount of the total installation cost.
Prices for labor might range from $150 to $1,000 or even more each day. They differ depending on the hourly rate of the installer, the size and kind of water heater being installed, and the location of the installation site.
Average Hours Per Water Heater Type
Replacement of tank-type water heaters, whether gas or electric, takes around three hours in most cases. The installation of a tankless water heater will take between eight and ten hours. If you are switching from a gas to an electric water heater, or vice versa, or if you are moving the water heater to a new location in the house, this can significantly increase the length of the job and may even necessitate the hiring of additional types of labor, such as carpenters or drywall installers, to complete the project.
Additional Water Heater Replacement Cost Factors
In addition to the cost of the appliance and the work of the installation, there may be other fees associated with replacing a water heater. Included in this are permit fees, the installation of an expansion tank, the removal and disposal of the old water heater, the installation of water or gas lines, electrical or carpentry work, and the costs of materials and labor.
Most jurisdictions require a plumbing permit to replace a hot water heater. The permit is necessary so that an inspection may be done to confirm the work was executed according to current safety and quality requirements. Depending on the specifics of the project, many permissions may be necessary, with total permit charges ranging between $50 and $500, and perhaps as high as $1,500.
The use of an expansion tank is a safety feature that protects pipes from collapsing in the event that the water heater’s tank malfunctions. However, while many older homes do not include one, it is sometimes required by local building requirements that one be added when a water heater is replaced. The cost of installing a new expansion tank ranges from $40 to $350.
In the event that the water heater’s tank fails, an expansion tank serves as a safety system, preventing pipes from burst. However, while many older homes do not include one, it is often required by local building requirements that one be added whenever a water heater is updated. It will cost between $40 and $350 to install a new expansion tank.
Relocating the Unit or Fuel Conversion
Moving a water heater to a different place in the house, switching from one fuel type to another, or even upgrading to a larger tank can all increase the cost of installation dramatically. Water line rerouting ($350 to $1,700), framing a wall ($200-$400), installing drywall ($800-$2,500), adding a gas line ($250 to $800), or extending electrical wiring ($500 to $1,500) are all possible requirements for your project. You should consult with your installer if you are considering anything other than a direct replacement.
In addition to incidental materials such as solder and pipe thread compound, replacing a water heater may necessitate the purchase of additional items such as venting pipes, connectors, water or gas piping, pipe fittings, and other related items. Depending on the specifics of the project, these items could represent anything from a minor to a significant increase in costs. Replacing a water heater is not a do-it-yourself activity, and it is slightly more expensive than replacing other equipment.
There are numerous variables that influence the time it takes to complete the installation, including the cost of materials and labor, the availability of permits, the labor of a licensed plumber, the removal of an old unit, the ease of access, and other factors that may prolong the time it takes to complete the job.
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Frequently Asked Questions (FAQs)
Traditional tank-style water heaters have a lifetime of eight to thirteen years. They are not energy efficient. Tankless water heaters last 20 years or more.
Can I install a water heater myself?
Traditionally constructed tank-style water heaters last between eight and thirteen years before needing replacement. Tankless water heaters have a lifespan of 20 years or longer.
Should I buy a water heater from a plumber?
It’s common to be offered a labor warranty when working with an experienced plumber. An additional guarantee offered by the plumber, in addition to any parts or equipment warranty provided by the appliance’s manufacturer, may cover the cost of any repairs necessary as a result of incorrect installation work.
What are the signs your hot water heater is going out?
Most consumers wait to replace their water heater until the time that it completely fails. Avoiding this stress by scheduling an inspection or replacement when any of these symptoms appear will help to alleviate it.
- The water heater has reached or is nearing the end of its expected service life
- The hot water is rapidly depleted. Your shower temperature is unpredictable
- It appears that water is leaking from the tank. Water that is discolored comes from the faucets. The pressure of the water has decreased
- The water does not become hot
- Instead, it remains cool. Noises emanating from the heater, such as loud cracks or pops, for example
Why do water heaters fail?
Premature failure of a water heater can occur for a variety of causes that can be avoided. Keep an eye out for these concerns and be prepared to take action if they develop.
- Internal corrosion as a result of a worn-out anode rod Check the anode rod once a year and replace it if it appears to be worn
- Sediment builds up inside the tank from the mineral content of the water. Annual tank cleaning is recommended to prevent sediment accumulation. Excessive water pressure can cause damage to the water heater as well as other components of the water system. If the water coming into the house is greater than 80 psi, adjust or replace the pressure relief valve
- A water heater that is not properly sized will be overworked, causing components to wear out sooner than they should. Install a new hot water heater that is appropriate for the number of people living in the house
Homewyse Calculator: Cost to Replace Hot Water Heater
January in the next year, 2022
|Water Heater CostNon-discounted retail pricing for: 40 gallon gas water heater. Tank type with 40,000 BTU rating. 9 yr warranty.||1 heater||$667.56||$750.48|
|Hot Water Heater Replacement Labor, BasicBasic labor to replace hot water heater with favorable site conditions. Replace tank type gas water heater. Drain and dispose of existing unit. Secure new unit and install with new connection kit. Includes planning, equipment and material acquisition, area preparation and protection, setup and cleanup.||1 heater||$667.56||$750.48|
|Hot Water Heater Replacement Job SuppliesCost of related materials and supplies typically required to replace hot water heater including: connectors, fittings and mounting hardware.||1 heater||$667.56||$750.48|
|Water Heater Debris DisposalCosts to load and haul away old materials, installation waste and associated debris.||1 heater||17.7188||20.1563|
|Unused Minimum LaborBalance of 2 hr(s) minimum labor charge that can be applied to other tasks.|
|Totals – Cost To Replace Hot Water Heater|
|Average Cost per Heater|
Custom Calculators with Homewyse Lists
Service Professionals: develop a reusable estimating app that is completely customized to your company’s needs and procedures. Start with a template or create your own (free; account registration required):For a basic project in zip code 47474 with 1 heater, the cost to Replace a Hot Water Heater starts at $1,289 – $1,497 per heater.Actual costs will vary depending on the job size, conditions, and options.To estimate costs for your project, first determine the size of the project and the number of heaters it will require.
Set the project zip code by inputting the Zip Code of the location where labor will be hired and materials will be purchased.
Unit Costs: How Pros Price
Instead of publishing prices from unrelated tasks in the past, Homewyse produces up-to-date estimates based on currentUnit Costs, as opposed to other websites. Due to the use of location, information, and alternatives tailored to the specific requirements of each work, the Unit Costmethod provides great accuracy. Businesses in the construction, commerce, design, and maintenance industries rely on the Unit Costmethod for transparency, accuracy, and equitable profitability.