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The average water heater lasts about 8 to 12 years and accounts for roughly 15 to 20 percent of your utility bill. So if your heater is getting along in years, or if you’re adding or upgrading a bathroom, remember the three cardinal rules of shopping for a standard storage water heater: Don’t rush—size matters.
Nov 28, 2023 · When you install a hot water heater, costs are dependent on the type of fuel the unit runs on. Natural gas, propane, and electric water heaters all start at around $600—but costs rise from there. A high-end electric water heater is the most expensive type and can cost as much as $3,500, excluding hookup or installation. You’ll pay ...
Jan 19, 2024 · New gas hot water heater installed in basement Cost to convert from electric to gas water heater. Converting from an electric to a gas water heater costs $400 to $2,000+, depending on if there's an existing gas supply line. You may want to consider this more costly conversion if you have a higher hot water demand, want to lower your energy ...
Replacement Water Heater Costs by Size. Replacement hot water heaters cost $550 to $3,500 or more, including the unit and labor. Light-duty commercial types add $1,000 or more to the overall price but stand up to more constant use. Most replacement electric and gas water heater units cost $550 to $1,500.
Apr 11, 2024 · The national average for tank water heater installation is between $906 and $1,583 for the unit and labor, however, tankless water heaters cost from $1,833 to $3,910 to purchase and install. The ...
Jan 11, 2024 · Water heater costs vary widely, typically ranging from $300 to $5,000, depending on the type, capacity, and energy efficiency of the unit.Traditional tank water heaters, one of the most common types, usually cost between $300 and $1,500, while tankless water heaters, known for their energy efficiency, can range from $1,000 to $3,000 or more.
Jan 12, 2024 · The tank capacity of your water heater is another key cost factor, and the tank size you need will depend on how many people are in your home. For a household of three people, a 50-gallon tank will usually hold enough hot water to meet everyone’s needs. On average, 50-gallon water heaters cost around $1,800.
