| Number Of People | Tank Price | Tankless Price |
|---|---|---|
| 1 to 2 people | 20 to 30 gallon tank, $270 to $900 | 2 to 3 gpm tankless, $250 to $600 |
| 3 to 4 people | 30 to 50 gallon tank, $320 to $2,200 | 3 to 5 gpm tankless, $400 to $700 |
| 5 or more | 50-plus gallon tank, $400 to $3,000 | 6+ gpm tankless, $500 to $900 |
How much does an empty 50 gallon water heater weigh?
4 rows · Dec 02, 2021 · The national average cost to replace a 50-gallon hot water heater is $800 to $2,500, with ...
What is the average cost of a water heater?
Jul 08, 2018 · A new 40- to 50-gallon hot water heater costs $330 to $2,000 for the unit alone, plus the plumber labor cost to install is $200 to $1,000. Gas water heaters cost $100 to $700 more than electric to install. Water heater installation cost - chart *Price ranges include materials and labor. Solar prices include federal tax credit and rebates.
How much does it cost to replace a water heater?
4 rows · Feb 27, 2020 · A 50-gallon tank averages between $795 and $2,800 for the unit and installation, depending on ...
How much does a plumber charge to install a water heater?
4 rows · Nationally, the average cost of installing a water heater ranges from $500 to $1,000 depending ...
How much is a standard 50 gallon water heater?
A 50-gallon water heater costs around $1,000 for an electric heater and $1,200 for a natural gas heater of the same capacity.
How long does a 50 gallon water heater last?
Factors Affecting The Lifespan Of A 50-Gallon Water Heater. The standard life expectancy of the heating element in oil or gas water heaters is set at 8 to 12 years. On the other hand, electric tankless water heaters promise hot showers for as long as 18 -20 years.Sep 14, 2020
Is a 50 gallon water heater enough for a family of 4?
For a four-person family, a 50-gallon water heater is sufficient. 50-gallons is good if you're using electricity, and 40 gallons will work for natural gas or propane. Families with more than five persons may benefit from an 80-gallon electric water heater or 50-gallon gas water heater.Nov 30, 2019
How long should a shower last with a 50 gallon water heater?
A 50 gallon hot water heater with a temperature set around 120-140 degrees Fahrenheit will allow you to shower for around 17 minutes before you will run out of hot water. A average shower time is just under 8 minutes and uses about 16-17 gallons of water depending on your shower head and water flow.
How much does an electric water heater cost?
The average cost of an electric water heater is $1,127. Generally, you will pay somewhere between $300 and $2,880. The range from extreme low to extreme high end is $355 to $10,988.
How much does it cost to fix a water heater?
The cost of repair naturally depends on the precise nature of the fault. Generally, however, you can expect to spend between $200 and $1,000 on any repairs to your water heater.
What is a standard tank?
A standard, or traditional, tank is the most basic model available. It uses an electrical element to cold water, which is then stored in a tank, ready for you to use.
What is high efficiency tank?
High-efficiency tanks are those that are certified as energy efficient . The Energy Factor (EF) rating is a certification for gas heaters only, although there is a wide range of high-efficiency electric tanks – look for the Energy Star symbol. A heat pump heater draws heat from the surrounding air to use to heat water.
How does a solar tank work?
A solar tank has two parts – a thermal collector (usually on the roof) where solar energy can heat water, and a tank to store warm water to use on cold days. Solar energy is becoming ever more efficient. As their lifespan increases, their cost of installation decreases, and their efficiency increases, they are becoming more ...
Does a tankless water heater have a storage tank?
A point-of-use, on-demand, or tankless water heater does not have a storage tank and only heats water as you need it. This is extremely energy efficient, with electric point-of-use systems running at 98%+ efficiency.
How much does it cost to install solar panels?
For a solar system, you’ll pay between $1,800 and $5,500. In some cases, the cost of solar goes up to $13,000 or more. In most jurisdictions, there are tax breaks for installing solar panels, reducing the effective cost.
How much does a high efficiency water heater cost?
High-efficiency water heaters cost an average of $1,000 to $3,000 including the unit and labor. They’re anywhere from 100% to 300% more efficient than conventional water heaters. They use a combination of factors to create better energy efficiency, which include: Better insulation.
How much does a propane water heater cost?
Propane and oil-fired water heaters both fall on the expensive end of the spectrum at $1,000 to $3,000 for the unit alone. Propane and oil-fired types offer an alternative to electricity and natural gas for rural and off-grid homes.
How many gallons of water does a tankless water heater hold?
A tank water heater, as the name implies, keeps hot water ready to use in a large tank that holds anywhere from 30 to 80 gallons. More than 90% of water heaters installed in U.S. homes are tank-style. Tankless water heaters cost two to three times more than standard tank heaters.
Is a water heater a must in a home?
As technology advances, the efficiency of these systems will increase. It’s tempting to save a few hundred by installing one yourself. But you’ll need to deal with pipes, gas lines, or electricals.
How much does it cost to install a solar water heater?
Solar water heater installation costs $1,600 to $5,100 but can skyrocket to $13,000 or more. Some people supplement their system with a solar tank or tube style heater. While these can help increase what’s available for your family, they are also very expensive.
How many hot water heaters are in failure?
About 90% of hot water heater installations are the result of a sudden failure, according to the American Council for an Energy-Efficient Economy. You can avoid the stress of that situation by watching out for the following warning signs that your water heater is nearing its end of life:
Is a water heater the second highest energy source?
"There are many high-efficiency options on today's market that are worth a look, especially when you realize that water heaters are the second highest source of energy consumption in the home." Dan DiClerico, HomeAdvisor Smart Home Strategist and Home Expert.
How much does it cost to replace a water heater?
Water heaters cost $300 to $2,000 for the unit, and labor fees run from $45 to $150 per hour.
How much does a high efficiency water heater cost?
Buying a high-efficiency water heater is an economical and environmentally-friendly choice. High-efficiency water heaters cost an average of $1,000 to $3,000, including the unit and labor. They are 100% to 300% more efficient than standard water heaters, and boast improvements such as quality insulation, plastic tanks, ...
How many gallons of water does a tank water heater hold?
A traditional tank water heater stores water in a large tank that holds anywhere from 30 to 80 gallons. If you’re like 90% of households, you have a tank hot water heater tucked away in a basement or laundry room.
How much clearance does a water heater need?
But small homes aren’t the best candidates (sorry, tiny-house owners) because the water heater needs 7 feet of clearance from the floor to ceiling, plus 1,000 cubic feet of surrounding air.
How long does a water heater last?
Even though most people wait until the last minute, you should consider buying a hot water heater if you start to see the telltale signs of impending failure, keeping in mind the lifespan of a standard tank water heater is eight to 12 years . Here are some warning signs: Metallic taste. Rusty or discolored water.
Is natural gas cheaper than electric?
But if electric bills run high in your city, the gas option is a cheaper choice long term. If you live in an apartment or a small space, electric water heaters (either tank and tankless) perform best because they don’t need various forms of venting.
How much does an electric tank heater cost?
An electric tank heater costs around $750 on average, with annual energy consumption weighing in at approximately $460. While a gas tank heater costs slightly more, yearly energy costs weigh in at around $350.
How long does a hot water heater last?
On the flipside, they are more expensive to run, only last 6-10 years and must be installed within the home, which can mean taking up valuable space that could be put to better use.
What is tankless water?
Tankless systems utilize superheated coils to deliver hot water on-demand. This means you’ll only heat the water you need. If you can afford a tankless system outright, or you can come to some sort of repayment plan, it may be worth considering a tankless option as you could save money on fuel or utility bills.
How much water does a tankless water heater store?
However, a tankless device could actually save you money in the long run. This is because traditional water heaters generally store up to 50 gallons of hot water – that’s a lot of water to heat up. Tankless systems utilize superheated coils to deliver hot water on-demand. This means you’ll only heat the water you need.
When replacing a water heater, should you be aware of the cost?
When replacing a water heater, you should be aware of any additional costs you may encounter – and whether you need them. For example, a warranty might bump up the price of your heater, but it could protect you in the event of device failure.
Is an electric water heater cheaper than a gas water heater?
Electricity is slightly more expensive than natural gas when it comes to powering your device, although an electric water heater is marginally cheaper than a gas-powered heater. If you’re considering other cost-saving measures like solar panels, an electric water heater can be a good choice.
How Much Does it Cost to Install a Water Heater?
Water heaters play a vital role in every household. These units ensure that water runs hot throughout your home, allowing you to bathe, wash dishes, and do laundry with ease. The Home Depot offers traditional water heater tanks and modern tankless units, both powered by either gas or electricity.
Tank Water Heaters
Average Total: $1,500#N#Nationwide costs generally fall within the range of $1,300 to $2,000. This estimate includes the following components:
Tankless Water Heater
Nationwide costs generally fall within the range of $1,200 to $5,000. Our overall estimate includes the following:
Additional Considerations
Homeowners often ask if a gas water heater or an electric unit is more cost-efficient. The answer depends on your home. While gas models are less expensive to operate, they do require an existing natural gas line. The price tag of an electric water heater is usually lower, but it can be more costly to operate.