"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."
The average cost to replace a water heater is around $1,325, with a typical range of $900 to $1,800 for a standard replacement. The final price depends on the type of heater (tank vs. tankless), its size, fuel source (gas or electric), and the complexity of the installation. A simple one-to-one replacement will be on the lower end of the cost spectrum. However, if you are switching from one type of heater or energy source to another, you can expect labor costs to be significantly higher due to the extra work involved. It's also worth considering that while gas and electric heaters may have similar upfront costs, their long-term operating costs can differ based on local utility prices.
You have more options for water heaters than ever before. The best one for your home depends on your hot water usage and budget. Some of the more common types of water heaters are the conventional gas heater, a heat pump water heater, or a tankless heater for smaller homes or those with less water demands. Some uncommon types are solar and point-of-use systems. Some homes may have a combination of two units, such as a large heat pump heater and a backup point-of-use system.
Choosing between an electric water heater vs. a gas water heater comes down to personal preference. Overall, electric heaters are more energy efficient than their gas competitors. They’re also quieter to operate, take up less room, and don’t come with a risk of gas leaks.
The downside is that electric water heaters cost more to operate than gas. They might also struggle to heat water fast enough for households that use large amounts of hot water. Lastly, a power outage could cause your electric water heater to stop working, whereas gas water heaters may still function.
The standard copper wire gauge to use with any 30-amp circuit is a 10-gauge wire. The National Electric Code specifies a 10-gauge wire with appliances like water heaters running on 30 amps. If you try to use a smaller gauge wire, such as a 12 gauge, with a 30-amp breaker, you run the risk of the wire overheating and melting or causing a fire. Because of the safety hazards, the gauge of the wire is not an area to try to cut costs when connecting a 30-amp breaker to a water heater.
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
The Garrison, 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.
