A water heater is one of the most important appliances in any home or apartment. Without one, residents will have to choose between drinking clean water from the kitchen sink or going to the nearest public restroom to take a shower. But just because something seems old doesn’t mean it doesn’t work anymore. The average lifetime of a water heater is between 10 and 15 years, depending on your water usage, type of water you use, and other factors – so it’s important to replace yours before it breaks down. The good news is that water heaters are generally affordable – even if you have to purchase a new one from scratch. Depending on your location, the type of unit you select, and other factors such as your water usage and the installation process, the average cost of a new water heater can run anywhere from $100 to $2,000 (or more).
What’s included in water heater replacement cost
The cost of replacing your water heater will depend on several factors, including: - The size of the unit you select - The type of unit you select (i.e. conventional gas vs. electric) - The location of the unit (i.e. indoors vs. outdoors) - The efficiency of the unit you select (i.e. how much water it uses per hour) - The cost of installation - The cost of the materials (i.e. pipe, fittings, etc.) - The cost of any other additional features you select - The cost of any permits you may need - The cost of any extra labor you may have to pay your contractor for
How to save money on your water heater replacement project
If you’re in the process of replacing your water heater, you’ll want to keep these tips in mind. Depending on the type of water heater you’re replacing, it may be more cost effective to repair an old unit rather than install a new one. It all comes down to the condition of your current unit and the amount of time you have left before it breaks down. If your unit is in decent shape and you have several more years left before it breaks down, you’re likely better off repairing it than installing a new one.Repairing a water heater is definitely more cost effective than installing a new one, but it’s also more time consuming. You’ll likely have to call a plumber to come out to your home to inspect and repair your water heater, and depending on the severity of the problem, it may take several days or even a few weeks to get your unit up and running again. If you’re replacing your water heater and plan to replace it with a new unit, it’s best to install a new one as soon as possible. This will ensure that your new unit is installed correctly, and it will also help you avoid any water damage.
Determine your budget and use it to your advantage
Before you even begin your search for a new water heater, you need to determine a budget that you’re comfortable with. Once you’ve come up with a budget, it’s a good idea to write it down so you don’t forget about it. Remember, water heaters don’t have a set cost. They vary in size, type, and efficiency – which means you’ll have to pay a little more for a more efficient unit.That being said, you can still find a water heater within your budget. With the right research and knowledge, you can find a quality unit at a great price. The best way to find a great deal on a new water heater is by checking out price guides online. These tools let you plug in your address and compare the average cost of water heaters in your area.
Shop around before settling on a price
Once you’ve determined your budget, you can start shopping around for a new water heater. Before you dive in and start calling contractors, it’s a good idea to do some research to make sure you’re shopping around in the right places. You may be surprised to learn that some parts of the country actually have more affordable water heater installation rates than others. For example, New York and New Jersey are known for having high installation costs. This is due to a variety of factors, including increased permit and licensing fees, high insurance rates, and higher labor costs.If you live in one of these states, you may want to consider looking for a contractor in another state that has lower installation rates.
Installation costs: where you can save money
When you’re ready to start your water heater installation project, there are a few areas where you can save money. First, you can lower the price of your installation by hiring a general contractor instead of a plumbing contractor. While you may be able to find a plumbing contractor in your area, they charge an average of $100 to $500 for their services. A general contractor, on the other hand, may charge around $2,000 for their services.Another way to save money on your water heater installation project is to shop around for the best installation rates. Many energy companies offer reduced installation rates to their customers as a way to encourage more energy efficiency. This is a great way to save money on your water heater installation without sacrificing quality.If you have solar panels in your home or have an electric water heater, you can also qualify for special installation rates from energy companies. For example, a few major energy providers offer reduced installation rates to customers with solar panels in their homes.
Conclusion
Water heaters are important appliances that should be maintained on a regular basis. Since they’re such a crucial part of the home or apartment, it’s important to know how much they cost to replace. There are a number of factors that affect the cost of replacing a water heater, including size, efficiency, and installation location.The best way to determine the cost of replacing your water heater is to do your research and use our tips to find the right model and installer for your needs.