How Much Does It Cost to Replace a Water Heater?

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Do you get frustrated with inconsistent and cold water in the shower? Replacing your water heater is a necessary step if you want to keep comfort in your home, but how much will it cost? Most people do not know how much repairing and replacing a water heater can cost. Knowing those costs will help you make smart decisions. From the type of unit to the costs of installation, knowing what you are getting into will help you invest wisely in a reliable solution for hot water. Let’s discuss some major contributors to the cost of your water heater replacement.

Types of Water Heaters and Their Costs

The cost of a replacement of the water heater partly depends on your chosen options. The most popular types are:

  • Conventional Water Heater: 

This is the traditional one in which the heater is in the form of a tank, with the ability to hold and heat quite a lot of water. The unit itself, other than the installation costs, will range approximately from $300 to $1,500, depending on the brand and the model.

  • Tankless Water Heater: 

A tankless water heater is an on-demand water heater. They heat the water while it is passing through the system. These units are significantly more expensive to buy initially and can range from $1,000 to $3,000. They are more energy efficient than other types of water heaters, though, and may eventually repay themselves in utility savings.

  • Heat Pump Water Heaters: 

This device transfers heat from one location to another through electricity and does not produce heat themselves. The cost would be around $1,500 to $4,000 with installation.

Installation Costs

Installation is another contributing factor to the actual total cost of replacement of a water heater. Professional installation services will generally add an extra $300 to $800 for the job, depending on the complexity and the local labor rates for the service. Emergency scenarios that have an urgent requirement for water heater repair or replacement may lead to an increase in the cost.

Additional Influencing Factors:

  • Location: The location may also influence the cost of the unit itself and the installation. For example, Palm Beach and Palm Beach Gardens are more expensive cities where living costs tend to be higher.
  • Existing Infrastructure: In case your house already has installed a heater that is similar or nearly the same size as the previous water heater, then installation costs will be low. 
  • Fuel Prices: Obviously, fuel prices will play a significant part in your total costs for the water heater.
  • Warranty and features: The high-end models sometimes provide more extended warranties and extra features involving smart technology, which adds to the initial price.

Conclusion

In essence, the cost to replace a water heater ranges widely depending on the type of unit, installation complexity, and other unique factors in your home. Water heaters range from $500 to $4,800 on average for a total unit and installation. To get the best estimate, it is usually recommended that one seek the services of professionals dealing with water heater repair and replacements.

If you need an immediate service, you just have to call Priscilla’s Plumbing to provide you with emergency repair service for your water heater, and you will start using hot running water immediately. Whether it is a commercial water heater or a residential water heater, experts’ help is just a call away.

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