"We pay yearly but we have this is included with our rental property. They are pretty good on most things. We had a hot water heater replaced and they did an excellent job on that. They are very quick on their response. They dont come out here. It is all done on the internet. I just like the idea that one time service charge is so much better than trying to hiring someone to come in. It is more about convenience. It pays for itself."
Serving SW Minnesota Waters Edge Plumbing is locally owned and operated. We live in the area so we know that we have to give you our BEST. Best price and Best service.
Every type of water heater has its advantages and disadvantages. Understanding those can help you decide the best type for your situation and budget.
Pros
Safer than gas or propane
Doesn’t require extensive venting systems
Lower upfront costs
Simpler to operate
No pilot light
Easier installation
More efficient heating than gas models
Available as point-of-use (POU) and whole-house units
Cons
Slower to heat water
Longer recovery time
Possibly higher operating costs
Doesn’t work during a power outage
Costs can increase without a 240-volt connection
On average, a tankless water heater should last between 10 and 15 years. Its lifespan will be affected by how much it's used, the effect of weather where your home is on the unit—colder is harsher and will shorten lifespan—and if the heater is maintained appropriately and regularly. There are many signs your water heater needs to be replaced, so pay attention to anything that changes with your heater or hot water.
The average lifespan of a water heater is eight to 12 years. If your water heater is approaching its first decade of life and is giving you problems, talk to a plumber about your replacement options.
Keep in mind that certain parts of a water heater, such as the anode rod, may need replacement long before the heater itself. An anode rod often has a lifespan of three to five years.
Price variations arise from size, type (tankless or tank), efficiency grades, and installation complexity, including labor and materials.
Electric water heaters typically last 10 to 20 years, though proper maintenance can extend their lifespan. If your unit is over a decade old and showing signs of inefficiency—such as higher energy bills, frequent repairs, or leaks—replacement is a smart investment. Tankless models last over 20 years, which can make them a longer-lasting alternative to traditional tank water heaters.
The Balaton, MN homeowners’ guide to water heater services
From average costs to expert advice, get all the answers you need to get your job done.
Looking to replace or upgrade your water heater? Use this water heater replacement cost guide to see what the work will cost and what factors affect your total.
A water heater flush costs $160 on average but can vary based on the unit size, type, labor, location, and more. Keep reading to learn how much you could pay.
Who can install a water heater for you? Look to hire a water heater installation pro or a licensed plumber for this job because of the challenges involved.
The average lifespan of water heaters is 6 to 15 years for conventional models and up to 20 for tankless ones, but it can be less if they are not properly maintained.