
Cost of Electric Hot Water Heaters
Electric Hot Water Heaters Costs | Zip Code | Units | |
Electric Hot Water Heaters – Material Pr ... | $330.00 - $445.00 | $600.00 - $850.00 | $900.00 - $1200.00 |
Electric Hot Water Heaters – Installatio ... | $650.00 - $800.00 | $850.00 - $1000.00 | $1000.00 - $1500.00 |
Electric Hot Water Heaters – Total | $980.00 - $1245.00 | $1450.00 - $1850.00 | $1900.00 - $2700.00 |
Electric Hot Water Heaters – Total Avera ... | $1112.50 | $1650.00 | $2300.00 |
Full Answer
How much does a 50 gallon electric hot water heater cost?
Electric Water Heaters An electric tank is less expensive to purchase and install than a gas tank, with a residential 50-gallon tank water heater priced around $500. However, the total cost of the monthly operation tends to be more expensive than that of a gas heater.
How much does it cost to install a new hot water heater?
How Much Does Installing or Replacing a Water Heater Cost? The national average cost estimate to install or replace a hot water heater is around $2,000, including parts and labor. One of the most significant factors when it comes to your water heater installation cost is the unit you choose to put in your home.
Which electric water heater is best?
Top 15 Water Heater Brands in 2021
- A. O. ...
- Kenmore. Kenmore is a large company that makes a lot of household devices, including vacuums, coffeemakers, and water heaters.
- Rheem. Rheem is another excellent water heater brand on my list that exists for decades, more specifically, since 1925.
- Bosch. ...
- American Standard. ...
- Eco Smart. ...
- Bradford White. ...
- Noritz. ...
- American Water Heaters. ...
- Navien. ...
How much energy does a hot water heater use?
Some units only use 4,500 to 5,500 watts of electricity, while others might run from 13,000 to 30,000 watts. Let’s say you have a 10-kW electric tankless water heater, and you use it only for two hours every day. In that case, your electric tankless water heater consumes 2,000 watts daily.
What is the average cost of an electric hot water heater?
How much does it cost to run a 50-gallon electric water heater?
Can a water heater cause a higher electric bill?
Are new electric water heaters more efficient?
Does turning down the water heater save money?
How does an electric water heater use energy?
How much more efficient is a tankless water heater than a storage water heater?
See 2 more

What is the average cost of an electric hot water heater?
between $500 and $800Electric Water Heater Most electric water heaters cost between $500 and $800. Of that, a majority are in the $500 to $600 range.
How much does a 40-gallon electric water heater cost?
A 40-gallon water heater effectively meets the needs of a home with two people, and it costs around $320 to $1,600. For homes with five people or more, you may need to consider a 75-gallon (average price of $900 to $3,000) or an 80-gallon (average price of $1,000 to $3,200) water heater.
What is the average cost of a 50-gallon electric hot water heater?
These heaters can be fueled by electricity, gas, or liquid propane and installed in many areas of your home. The national average cost to replace a 50-gallon hot water heater is $1,100 to $2,800, with most people paying around $1,800 for a direct replacement of a 50-gallon gas hot water heater using the same model.
What is the average lifespan of an electric hot water heater?
How Long Do Water Heaters Last? Based on the manufacturer's suggested service life, the life expectancy of a water heater is about eight to 12 years. That varies with the location and design of the unit, quality of installation, maintenance schedule and water quality.
How long of a shower can you take with a 40 gallon water heater?
On Average hot water should last about 20 minutes with a 40 gallon tank and 30 minutes with a 60 gallon tank. This is assuming that you run completely hot and don't mix it with cold. A hot water tank can produce about 2 gallons per minute.
What should it cost to replace a water heater?
According to Angi and HomeAdvisor, the average water heater replacement cost can range from $810 to $1,656, with the national average around $1,217, depending on the type and size of the water heater.
What brand of electric water heater is the most reliable?
7 Most Reliable Water Heater BrandsRheem Water Heater. Shop on Home Depot. ... Bradford White Water Heater. ... A.O. ... Rinnai Water Heater. ... GE GeoSpring Water Heater. ... EcoSmart Tankless Water Heater. ... Stiebel Eltron Water Heater.
How long does it take to replace a 50 gallon electric water heater?
three hoursAverage Hours Per Water Heater Type Tank type water heaters, both gas and electric, typically take three hours to replace.
How long does it take to replace a water heater?
2-3 hoursWATER HEATER INSTALLATION PROCESS If there are no issues or complications, a licensed plumber should be able to complete the process in 2-3 hours.
What are the signs your hot water heater is going out?
Delivering Rusty or Cloudy Water Rust deposits or a metallic odor coming out with hot water can signal either rusty pipes or rust inside the water heater. If corrosion is eating away the metal from the inside, leaks are inevitable. Murky water from the tap can also be signs that the water heater will fail soon.
How do you know a water heater is going bad?
Here are six common signs that your water heater is going bad.Your Water Heater is More Than 10 Years Old. ... Water Heater is Leaky. ... Water is Discolored. ... There's Not Enough Hot Water. ... Water Heater is Making Unusual Noises. ... You're Constantly Having to Have Water Heater Repair.
How do you know when a hot water heater needs to be replaced?
5 Signs It's Time to Replace Your Water HeaterThe System Age.Loss of Hot Water Volume.Rising Heating Bills.Corrosion.Reddish Discoloration in the Water.Too Many Repairs.
What is the best 40 gallon electric water heater?
Best 40 gallon electric water heater. We looked at every 50 gallon tank on the market and our favorite is the Rheem Performance 40 Gal. Electric Tank Water Heater.
What brand of electric water heater is the most reliable?
7 Most Reliable Water Heater BrandsRheem Water Heater. Shop on Home Depot. ... Bradford White Water Heater. ... A.O. ... Rinnai Water Heater. ... GE GeoSpring Water Heater. ... EcoSmart Tankless Water Heater. ... Stiebel Eltron Water Heater.
How much is the labor to install a hot water heater?
Labor Cost to Install a Hot Water Heater Labor costs could be as low as $150 or up to $1,000 or more. They vary based on the installer's hourly rate, the size and type of water heater and the location of the installation.
Is a 40 gallon water heater enough?
What size of a house is a 40-gallon water heater good for? Based on typical water usage, a 40-gallon water heater should provide enough daily hot water for 2-4 people in a household.
How Much Does the Hot Water Heater Affect an Electric Bill?
How Much Does the Hot Water Heater Affect an Electric Bill?. Water heaters make it possible to take a hot shower, wash your hands in warm water, and many more activities -- just by turning on the ...
Electricity usage of a Water Heater - Energy Use Calculator
Hours Used Per Day: Enter how many hours the device is being used on average per day, if the power consumption is lower than 1 hour per day enter as a decimal. (For example: 30 minutes per day is 0.5) Power Use (Watts): Enter the average power consumption of the device in watts. Price (kWh): Enter the cost you are paying on average per kilowatt hour, our caculators use the default value of 0. ...
Estimated Annual Energy Cost Residential Water Heaters
Model Number Energy Factor $ Annual Estimated Cost Nat $ Annual Estimated Cost LP GCV-30 Series 200/201 0.61 $299 $505 GCV-40 0.59 $309 $522 GCV-50 0.58 $315 $531
What is the average cost of an electric hot water heater?
Depending on the type of electric hot water heater, the unit's average cost ranges from $300 to $700, with added installation costs between $700 and $1,000.
How much does it cost to run a 50-gallon electric water heater?
According to the Department of Energy, based on the assumption that an electric water heater runs for an average of about three hours per day, a 50-gallon water heater, running at 5,500 watts, with an electricity rate of $0.16 per kWh, will have an annual operation cost of $781.
Can a water heater cause a higher electric bill?
There are many reasons why your water heater may cause a higher electric bill.
Are new electric water heaters more efficient?
The majority of new appliances are more efficient than older models, and electric water heaters are no exception.
Does turning down the water heater save money?
The majority of water heaters have a default temperature of 140˚F as this is about the temperature that dishwashers once needed to function and clean dishes properly.
How does an electric water heater use energy?
The amount of energy an electric water heater uses depends on several factors, including: 1 age of unit 2 size of unit 3 type of electric water heater 4 set temperature 5 the volume of water used per day
How much more efficient is a tankless water heater than a storage water heater?
Tankless Water Heaters. Tankless heaters will cost a little more to purchase and install but, according to the Department of Energy, they are between 8% and 34% more energy-efficient than storage water heaters depending on the amount of water used.
Shop by Water Heater Type
This most common type of water heater uses an insulated tank to heat and store water until it’s needed. Available in electric, liquid propane and natural gas models.
All Water Heaters
If you're feeling lukewarm about your current hot water heater or are looking to install one in your new home, Lowe's can help. We have a full selection of electric water heaters, gas water heaters, tankless water heaters, hybrid heat pump water heaters and water heater accessories.
How much does a high efficiency water heater cost?
High-efficiency water heaters cost $1,200 to $4,400 on average for the unit and installation. High-efficiency systems use less fuel to operate, create hot water quickly, and minimize heat loss, making them up to 300% more energy-efficient than standard tank water heaters.
How much does it cost to install a new water heater?
A new hot water heater installation costs between $500 and $4,600 total, depending on the system type, size, labor, and fuel source.
What size water heater do I need?
The following table estimates the water heater size needed based on the number of people in the house:
How long is a water heater warranty?
Most tank water heater warranties last 6 to 12 years, depending on the brand. Tankless water heater warranties last 5 to 15 years. Extended warranties cost $40 for 2 years or $70 for 5 years and must be purchased with the water heater at the time of installation. Water heater warranty length.
How long does a tankless water heater last?
Tank hot water heaters last 8 to 15 years on average. Tankless water heaters last 10 to 20 years on average. Extend a water heater's lifespan by:
How long does it take to install a tankless water heater?
Installing a tank water heater takes 2 to 6 hours, depending on accessibility. Tankless water heater installation takes 3 to 10 hours for a new install or 2 to 4 hours to replace an existing tankless unit. Replacing a water heater in an attic, closet, or other tight space increases the labor time.
How much does it cost to install a tankless water heater at Home Depot?
Home Depot charges $750 to $2,000 to install tank water heaters and $1,200 to $5,000 to install tankless water heaters. This cost includes the water heater, labor by a licensed plumber, permits, and old water heater removal.
How much does an electric water heater cost?
The average wattage of an electric water heater is around 4000 watts, which means if it runs for 3 hours a day at a price of $. 13 per kWh, it will cost you $1.56 per day, about $46.80 per month, and $561 per year. The amount of electricity that is used by an electric water heater depends on the size of the water tank and its energy factor (EF).
How much electricity does an electric water heater use?
The amount of electricity that is used by an electric water heater depends on the size of the water tank and its energy factor (EF). An EF rating is a measure of how much hot water can be produced from a unit quantity. For example, if you have a 30-gallon tank with an EF rating of 0.7, it will produce 21 gallons per day by using 10-kilowatt hours (kWh) per day (21 ÷ 10 = 2.1).
Does Turning Down Water Heater Save Money?
The U.S Environmental Protection Agency reports that turning the temperature on a 120-degree hot water heater to 90 degrees can yield up to 10% in savings each year, or around $41 for an average family spending about $415 per year!
How Much Gas Does a Hot Water Heater Use?
You might be surprised to know that a gas hot water heater can use the same amount of energy as an electric heater. Gas actually uses less than half , but it still consumes more energy than many people realize. The formula for estimating your bill is similar too:
How many watts does an electric heater use?
A common wattage for electric heaters is 1,500 watts. Apply the formula 1,500 x 24 ÷ 1,000 x $0.13 to determine the cost to run the electric heater for a day. (Dividing by 1,000 changes watt-hours to kilowatt-hours.) In this case, it will cost $4.68 to run an electric heater for 24 hours straight.
How to save electricity?
To save on electricity costs, consider using less hot water. Invest in low-flow showerheads and faucets to reduce the amount of cold water you use for showers or laundry; turn off your tap when brushing teeth or shaving; take shorter showers – especially if there are more people living with you than just yourself!
How much electricity does it take to heat water?
By this, you will need 6.4 kW of electricity to heat the volume of water in just 1 hour.
How Much Electricity Does a Hot Water Heater Use?
Typically, a hot water heater that uses a tank will run for three to five hours per day . So, a 4,000-watt heater used for three hours a day at $.10 per kWh will cost $1.20 per day, about $36.50 per month, or $438 per year.
How to calculate gas water heater cost?
The formula for estimating your bill is similar as well: Multiply the therms your heater uses per hour times the number of hours it's on times the price you pay for therms. For example, if you pay $1 per therm and use a heater that consumes .205 therms per hour, for three hours per day,
How long does a tankless water heater last?
Since they don't need to heat water when you aren't using them, tankless heaters may only run for two hours a day or so.
Why is my dishwasher using so much energy?
Don't forget about your other appliances: A large chunk of the energy consumed by your dishwasher and washing machine is due to hot water usage, so investing in efficient appliances and using low-energy settings will reduce the burden on the hot water heater.
How to reduce heat in shower?
Install low-flow faucets and shower heads: The less water that flows through your fixtures per minute, the less heat you need to use up.
Can you take a hot shower in the winter?
Don't linger too long in the shower: A hot shower can be a relaxing pleasure, and no one is suggesting that you suffer through cold showers in the wintertime. However, think about limiting your bathing time and not indulging in 20 or 30-minute long cleaning sessions.
Do tankless water heaters use less energy?
Generally speaking, these units will consume less energy than a traditional hot water heater, although how much electricity tankless water heaters use will still depend on the demand you create in your home.
What is the average cost of an electric hot water heater?
Depending on the type of electric hot water heater, the unit's average cost ranges from $300 to $700, with added installation costs between $700 and $1,000.
How much does it cost to run a 50-gallon electric water heater?
According to the Department of Energy, based on the assumption that an electric water heater runs for an average of about three hours per day, a 50-gallon water heater, running at 5,500 watts, with an electricity rate of $0.16 per kWh, will have an annual operation cost of $781.
Can a water heater cause a higher electric bill?
There are many reasons why your water heater may cause a higher electric bill.
Are new electric water heaters more efficient?
The majority of new appliances are more efficient than older models, and electric water heaters are no exception.
Does turning down the water heater save money?
The majority of water heaters have a default temperature of 140˚F as this is about the temperature that dishwashers once needed to function and clean dishes properly.
How does an electric water heater use energy?
The amount of energy an electric water heater uses depends on several factors, including: 1 age of unit 2 size of unit 3 type of electric water heater 4 set temperature 5 the volume of water used per day
How much more efficient is a tankless water heater than a storage water heater?
Tankless Water Heaters. Tankless heaters will cost a little more to purchase and install but, according to the Department of Energy, they are between 8% and 34% more energy-efficient than storage water heaters depending on the amount of water used.
