Learn about the cost and installation of water heaters with our comprehensive guide. Get expert tips and advice on finding the right water heater for your home and budget.
A water heater is a home appliance that provides a continuous supply of hot water for various purposes, such as bathing, cooking, and cleaning. It is an essential household item, especially in countries with colder climates. With the advancement of technology, there are now various types of water heaters available in the market, each with its advantages and disadvantages. This article aims to discuss the cost of water heaters, the different options available, and some popular water heater installation companies and their costs.
How Much Do Water Heaters Cost
The cost of a water heater depends on various factors, such as its type, capacity, energy efficiency, and brand. On average, the price of a water heater ranges from $300 to $2,000 without installation. The installation cost can vary from $300 to $1,500, depending on the complexity of the job, location, and labor rates.
It is essential to note that a more expensive water heater might save you money in the long run due to its energy efficiency, which can significantly reduce your utility bills. Therefore, it is crucial to consider the initial cost and the long-term operating cost when choosing a water heater.
What Are The Different Options
There are several types of water heaters available in the market, and each has its pros and cons. Some of the popular options include:
1. Tankless Water HeatersAlso known as on-demand or instantaneous water heaters, tankless water heaters heat the water as it flows through the unit, providing hot water only when required. These water heaters are energy-efficient as they do not store hot water, which can lead to heat loss. They are available in electric, natural gas, and propane models.
Pros:
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Energy-efficient
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Compact size
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Longer lifespan (up to 20 years)
Cons:
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Higher initial cost
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May require additional upgrades to the electrical system or gas lines
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Limited hot water flow rate
Heat pump water heaters use electricity to move heat from the air or ground to heat the water, making them two to three times more energy-efficient than conventional electric water heaters. They can be standalone units or combined with a storage tank.
Pros:
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Energy-efficient
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Eligible for federal tax credits and rebates
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Can provide space heating and cooling
Cons:
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Higher initial cost
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Requires a large installation space
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May not work efficiently in colder climates
Electric water heaters use electric resistance elements to heat the water stored in a tank. They are the most common type of water heater and are available in various sizes and capacities.
Pros:
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Lower initial cost
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Easy installation
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No need for venting
Cons:
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Higher operating cost
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Less energy-efficient compared to other options
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Shorter lifespan (10-15 years)
Solar water heaters use solar energy to heat the water, making them environmentally friendly and energy-efficient. There are two types of solar water heaters: active and passive systems. Active systems use pumps and controls, while passive systems rely on gravity and natural circulation.
Pros:
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Environmentally friendly
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Energy-efficient
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Eligible for federal tax credits and rebates
Cons:
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Higher initial cost
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Limited effectiveness in cloudy or cold climates
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May require a backup system
5. Gas Water Heaters
Gas water heaters use natural gas or propane to heat the water stored in a tank. They are usually more energy-efficient than electric water heaters and have a faster recovery rate, providing a more significant amount of hot water in a shorter period.
Pros:
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Lower operating cost
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Faster recovery rate
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Available in various sizes and capacities
Cons:
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Requires venting
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Higher initial cost
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Shorter lifespan (10-15 years)
What Are Some Popular Water Heater Installation Companies And Their Costs
1. Home Depot
Home Depot offers water heater installation services through its network of licensed, insured, and background-checked professionals. The installation cost starts at $1,049 for a basic 40-gallon electric water heater and goes up depending on the type, capacity, and location.
2. Lowe's
Lowe's provides water heater installation services by partnering with independent installers. The installation cost starts at around $1,000 for a basic 40-gallon electric water heater, with additional charges for upgrading the unit or modifying the installation area.
3. Sears Home Services
Sears Home Services offers water heater installation by its team of trained technicians. The installation cost varies depending on the type, capacity, and location, with an average starting price of $1,200 for a basic 40-gallon electric water heater.
4. Roto-Rooter
Roto-Rooter is a plumbing and drain cleaning company that also provides water heater installation services. The installation cost depends on the type, capacity, and location, with an average starting price of $1,000 for a basic 40-gallon electric water heater.
5. Local Plumbing Companies
Many local plumbing companies also offer water heater installation services. The cost will vary depending on the company, location, and type of water heater. It is essential to get multiple quotes and check customer reviews to ensure you are getting the best service and price.
The cost of a water heater and its installation depends on various factors, such as the type, capacity, brand, and location. It is crucial to consider both the initial cost and the long-term operating cost when choosing a water heater. With the available options, such as tankless, heat pump, electric, solar, and gas water heaters, consumers can select the most suitable one based on their preferences, budget, and climate. Additionally, several popular water heater installation companies offer professional services, ensuring a safe and efficient setup.
