"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."
A tankless water heater with a flow rate of 10 GPM should replace a conventional 50-gallon water heater. To avoid a surprise cold shower or two and to keep your energy costs in check, it's important to replace a conventional tanked water heater with the equivalent tankless water heater. Your household size and the number of hot-water-using devices you use at once can help you determine the best-size tankless water heater.
A tankless water heater can last up to 20 years, which is nearly double the lifespan of a conventional tank heater. However, their longevity is highly dependent on several factors. With proper installation and regular maintenance, such as descaling to prevent mineral buildup from hard water, you can expect a lifespan of 15 to 20 years. Without proper care, a tankless unit may begin to fail in as little as 12 years. Other factors that affect its lifespan include household usage and the quality of the local water supply. While they have a higher upfront cost, their energy savings, smaller size, and longer life make them a worthwhile investment for many homeowners.
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.
Traditional gas or electric water heaters last an average of six to 11 years. However, with excellent maintenance, they can last up to 15 years. Heat pump water heaters, on the other hand, last an average of between 12 and 15 years and potentially longer with proper maintenance. In both cases, your home's water quality can be a determining factor regarding the lifespan of your water heater.
While heat pump water heaters are more expensive than gas-powered water heaters, the ROI is higher for heat pump units. Not only are heat pump water heaters more energy efficient, meaning immediate savings on your energy bill, but they also last longer than traditional gas versions, meaning you won't have to buy them as often.
The Gregory, 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.
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.
Wondering how much a water heater expansion tank costs? Use this cost guide to get an accurate estimate and learn how to choose the right one for your home.
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.
