Water Heater Installation Cost Considerations
The cost of a brand-new water heater can vary widely depending on the Fuel Type & Size of the Water Heater. Prices can also vary considerably between two types: traditional tank and tankless. There are several other factors that could affect installation or replacement costs such as location, equipment needed for replacement, etc., such as:
1
Traditional Tank vs Tankless
A traditional tank water heater stores gallons of hot water, so they are always available. A tankless system heats up on-demand for lower energy costs down the road. It’s much easier & cheaper to install a storage unit than one that is not attached to the wall and runs off gas or electricity directly into your home.
2
Gas Fuel vs. Electric Fuel
While this choice will depend on your location and the costs of natural gas or electricity in your area, a gas water heater is typically more expensive than an electric one.
3
Size Matters
The most common size for traditional tank water heaters is 40 gallons. A bigger unit will cost you more, but it also has heating costs that are less than a smaller one. Let Prestige Plumbing Werks help figure out the best option for your home with an installation evaluation and estimate today!
4
Is Tankless Really Endless Hot Water?
As long as your home has a steady supply of gas or electricity, yes! Tankless "On-Demand" water heaters provide a continuous flow of hot water that never runs out.
The Efficiency Factor While tankless units are significantly more efficient than traditional tanks, it’s important to understand how those savings work:
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Normal Usage: If you use hot water similarly to a traditional tank system, you will see a large benefit in energy savings because you aren't paying to keep 40–50 gallons of water hot all day.
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Heavy Usage: If you take hour-long showers multiple times a day (just because you can!), you’ll enjoy the endless hot water, but your energy savings will be lower since the unit is working harder.