"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.
The time it takes to install or replace a water heater depends on the type of heater and the complexity of the job. A professional can typically replace a standard tank-style water heater in one to three hours. However, if the work area is tight, such as a small closet or crawl space, the job could take four to five hours. Replacing an existing tankless unit takes about two to three hours, while upgrading from a tank-style to a tankless water heater is more complex and can take four to six hours. The project will take longer if you are switching fuel sources, such as installing a gas heater which can add about an hour to the timeline, or if the unit needs to be relocated.
Not all types of water heaters require a venting system. Electric tankless water heaters don’t use natural or propane gas, so no venting is required. Instead, they use electric burners to heat water quickly and efficiently. However, any system that does use gas or propane will require ventilation.
Several signs indicate your water heater may be failing or in need of replacement. Key indicators include:
Age: A water heater older than ten years is approaching the end of its typical lifespan.
Water Quality: If you notice rusty or discolored water from your hot water faucets, or a foul odor similar to rotten eggs or sulfur, it can signal internal corrosion.
Unusual Noises: Banging, rumbling, or popping sounds from the tank often mean sediment has built up, causing the unit to overheat.
Leaks: Any water pooling around the base of the tank or visible leaks are clear signs of failure.
Performance Issues: A decline in performance, such as water not getting hot enough, taking longer to heat up, low water pressure, or decreased efficiency, suggests the unit is struggling.
Visible Damage: Obvious rust and corrosion on the exterior of the tank can indicate a more serious internal problem.
While these signs often point to replacement, some issues may be fixable. It's best to consult a professional plumber to diagnose the problem before investing in a new unit.
Gas water heaters last between eight and 12 years on average. You can help them reach their maximum lifespan with regular cleanings, maintenance, and professional checkups, though don’t hesitate to swing for a full replacement if the total cost of repairs is greater than that of purchasing and installing a new unit.
The Britton, SD 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.
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.
