"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."
It’s important to find the type of water heater that fits your needs and budget. Depending on the type of water heater, size, brand, and the type of energy you use to heat the water, costs range from a few hundred dollars to several thousand.
Some of the most common types of water heaters include:
Electric: $600–3,500
Gas: $700–$2,700
Propane: $700–$2,500
High efficiency: $1,500–$3,000
Indirect: $1,200–$3,500
Hybrid heat pump: $1,200–$3,500
The average cost to install a new water heater is approximately $1,300, with a typical price range between $880 and $1,800. The final cost depends on several factors, including the type and size of the unit, its location and accessibility, and the amount of labor required. For example, installing a unit in a tight space like a crawl space can increase labor costs. The type of water heater significantly impacts the price: while a conventional gas heater might cost less than $1,000, tankless models can cost around $2,600 to install (and up to $3,500), and solar heaters can cost upwards of $3,700. Other factors that can affect the total price include the fuel type, vent system requirements, permits, and whether any additional plumbing work or repairs from previous water heater damage are needed.
We recommend you turn off the unit, the power, and the water supply as soon as you notice a leak. Your water heater tank should have a dedicated shut-off valve located on the cold inlet pipes. If the valve is broken or inoperable, use the shut-off valve to your home's main water supply to stop the flow to the entire house.
Avoid touching valves or pipes directly without confirming if they are hot. Wear gloves and other safety gear to keep from coming into contact with hot levers or components when turning off your leaking water heater.
If you have a tank-type electric water heater, it runs regularly to keep the water at the desired temperature. If you live in a home where you don’t use much hot water, it could seem wasteful to run power to heat water that you’re using infrequently. You could save some power by using a smaller tank, insulating the tank, or lowering the temperature of the water heater.
The good news is that most home warranty plans cover hot water heaters, regardless of whether you have a tank or a tankless model. Your hot water heater should be covered by your home warranty because it's considered an essential home appliance.
The Ashley, ND 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.
Find out the average tankless water heater repair cost, what impacts pricing, and how to save. Get expert tips to plan your repair budget with confidence.
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.
