All pricing information on this page is based on average industry costs, and is subject to variance for project-specific materials, labor rates, and requirements. Continue reading to learn the factors that impact the price. Clean the gas burner in a vinegar and hot water solution with a wire brush. Read below for detailed pricing information so you can feel confident when selecting the water heater that is the best fit for your home and budget. If it is not, this device will shut off the gas. Traditional water heaters feature a tank of stored water that is fueled by gas or electric power. If a gas hot water heater … … The 40-50-gallon water heater with a tank is about $350 – $3,000; while the gas heater is $250 – $1,200. Check with a plumber or the building inspector at City Hall before you begin. These are the most well-known water heater brands because they are affordable, reliable, and recommended by friends, relatives, and plumbers. Nationwide costs generally fall within the range of $1,200 to $5,000. Other upfront costs may also be accrued for a tankless model with elite features and a higher efficiency grade. These units are a lower upfront investment than tankless water heaters but operation and maintenance costs are typically higher. Homeowners often ask if a gas water heater or an electric unit is more cost-efficient. International Association of Certified Home Inspectors. The plumber might suggest replacing the thermocouple, which is a device that detects if the pilot is lit. This estimate includes the following components: Note: The Home Depot offers same-day installation at no extra charge. The average total cost for a tankless water heater is around $3,000. Check to make sure the gas is turned on, and the pilot is lit. How Much Does Water Heater Replacement Cost? Solar water heaters are significantly more expensive to install due to the complexity of the system and can cost from $5,000 to $10,000 for the installation. New Water Heater Tank and Installation Costs . Prices of Hot Water Heaters (Gas) For a good-quality gas tankless water heater, you’ll need to pay at least $1,000. A solar water heater can be a stand-alone device that only heats water when there is sunlight or tied into a backup system. As long as the unit works, it’s out of sight and out of mind. The answer depends on your home. The thermostat will cost about $120, and the heating element is about $200. Gas heaters are also historically less expensive than electric heaters to run. They go on to caution lifespans depend on several factors: “These factors include correct installation, usage volume, construction quality, and maintenance.”. To calculate the annual operating cost of a propane water heater, you need to divide 41,045 by the heater's Energy Factor and multiply the result by 365, and the fuel cost per British thermal unit. Water Heater Type & Capacity: Gas-powered tankless water heaters cost, on average, $600 more to install than those powered by electricity. Installing a tankless water heater is a greater upfront investment, but these units can significantly cut the cost of monthly utilities. The price tag of an electric water heater is usually lower, but it can be more costly to operate. The default setting is 140°F, but the recommended setting is 120°F, so anywhere in there should be fine. The 40-50-gallon water heater with a tank is about $350 – $3,000; while the gas … Our overall estimate includes the following: The price to install a new water heater will likely be higher if you change fuel sources or switch from a water heater tank to a tankless unit. A water heater is a significant investment, so before committing to a full replacement, we suggest getting several estimates from licensed plumbers for the project. Standard residential tank water heaters can range in size and capacity. The answer will vary from contractor to contractor but for the most part, you should see a price that falls within the two ranges below. How much does a water heater cost? *Please note: all cost estimates have been derived from The Home Depot’s internal sales database and include applicable permit charges. Permits are required by most regions in the United States to install a new water heater. That’s how much hot water you get from your water heater … These units ensure that water runs hot throughout your home, allowing you to bathe, wash dishes, and do laundry with ease. … The cost to install a new water heater ranges from $400 to $900 for a 40 to 50-gallon tank, and between $1,470 and $2,510 for a tankless. Learn about the cost to install different types of sinks in a kitchen or bathroom and calculate how much it could cost to install a sink in your area. Plumbers charge between $50 – $150 per hour for labor. For gas heaters, take these steps: Once again, if these steps do not work, call a plumber. We're proud to offer A. O. Smith Signature Series water heaters , available exclusively through Lowe's… They usually hold between 20 and 80 gallons of water for easy dispersion throughout your home. Ask your trusted Home Depot professional for more information when selecting your new tank unit. NEW Edit, Print & Save this in Homewyse Lists Create your own price list in Homewyse Lists For a basic project in zip code 47474 with 1 heater, the cost to Replace a Hot Water Heater starts at $1,174 - $1,362 per … Nationwide costs generally fall within the range of $1,300 to $2,000. If the unit has power, take these steps: Call a plumber if none of these avenues work. The cost to install a water heater in Colorado ranges from: … There are installation and equipment considerations which put costs between $1,700 and $5,140. Plus, a gas heater costs less initially. Whole-house water heaters, which produce more gallons of hot water per minute, also cost … Since the national average for repair is nearly half that of a new one, about $500, it pays to carefully troubleshoot the symptoms before replacement. We have an excellent selection of tank and tankless models that meet the government’s energy-efficiency standards. ENERGY STAR™ certified models are available for water heater tanks. These units do not store hot water but rather heat it as needed, which saves energy. If you’re looking for quality and trusted tank water heater installation or tankless water heater installation services, The Home Depot is your one stop shop. Get free estimates from contractors near you. The average cost for a tankless water heater installation is $1,985, or between $1,470$2,510. But the initial cost is around $3,000. The answer depends on whether you choose an electric or a gas model. This technology has proven reliable, and typically lasts 10-15 years. Read below to learn more about the cost to replace a water heater. If you’re interested in solar energy, check out our solar electric cost guide. Learn about the average bathtub installation costs, and see what impacts the price the most. These are the average in-store prices for a 50-gallon tank, before tax, installation parts, and labor. Average Total: $1,500 . Tankless water heaters cost around 2-3 times more than traditional storage tanks. A permit is usually required to replace a water heater, and they usually run $20 to $100 for this kind of work. Learn how much it costs to install a faucet for a kitchen or bathroom sink, pot filler, or bathtub, plus use our calculator to estimate the price. If additional upgrades are required to create space for the new unit and bring the installation up to code, the overall installation cost will increase. Turn the thermostat up. Plus, a gas heater costs less initially. You definitely don’t want to take any chances when mixing electricity and water.The basic price for pool heater installation is between $500 and $1,000, although each heater type carries its own installation price. Most standard electric and gas water heater units cost $400 to $1,600.However, they can … Calculate local project costs by entering your zip code. Water heater installation and … The average cost of installing or replacing a water heater ranges from approximately $650 to $900, but some people may pay as much as $1,500. Most conventional water heaters cost $300 to $600 - less than half the cost of tankless varieties. A gas hot water heater will cost approximately half as much to run as a comparable electric unit. When your hot water isn’t working the first step is to determine if you need a new water heater or if the current unit can be repaired. However, government rebates may be available to help lower the price of a more energy efficient unit. A tankless water heater uses either electricity or gas to warm up water on-demand. Learn how much it costs to locate and repair a plumbing leak, and calculate the approximate price to hire a plumber in your area to fix your water line. There are a variety of other features that affect the total cost: • The amount of work required to bring your plumbing connections up to code, • The size of your new water heater (measured in gallons), • Energy efficient certification and other special features on the new unit. A new thermocouple is about $400. There are several factors to consider in choosing one or the other: Upfront cost. Nationwide costs generally fall within the range of $1,300 to $2,000. Gas or Electric The cost of water heated by electric is $100 per year more than gas. Tank water heaters range from 20 to 80 gallon capacities. Also, you can do a reset by turning it all the way down and then turn it back to 120-140°F. when you call before 12noon, Monday-Friday and live within 30 miles of a Home Depot branch, we are often able to offer same-day installation on tank water heaters. Depending on your selection, the average cost for water heater installation is between $1,000 to $3,000. Energy Cost $ / $0.06 per kWh $.60 per therm: Quantity of Water Heaters to be Purchased unit(s) 1 unit * See assumptions for various daily water use totals. If you would like to extend this coverage, The Home Depot offers protection plans to further guarantee the quality of your unit and safety of your home. The costs of having a water heater installed by the Home Depot will vary based on a few factors, including the time of year as the promotions do … You can … New Tankless Water Heater and Installation Costs. 2020 Water Heater Installation Cost | New Water Heater Cost Advantages of Gas Hot Water Heaters . An electric water heater can cost $400-$3,000 or more for complete installation of a conventional storage-tank model and $1,800-$4,500 or more for a tankless model (including a 220V/240V outlet). Water heaters play a vital role in every household. For the unit alone, an electric tankless water heater costs from $550 to $1,600 and a gas tankless water heater costs $1,000 to $1,800. Use our cost calculators and price guides to plan and estimate your next plumbing project. The first thing you should check is if the unit is plugged in and the circuit breaker or fuses are working. It may help to understand the difference between tankless and traditional water heaters. While gas models are less expensive to operate, they do require an existing natural gas line. If the cost of repair is more than $500, you might need to look at how old it is, and consider if it’s worth repairing. … Like most things that operate more efficiently and save you money, a heat pump water heater costs quite a bit more than a traditional electric water heater. Therefore, a gas unit may reduce the up-front price difference in as little as one year. A typical repair costs $500, but if the water heater is beyond repair and you need a new one, then expect to pay around $1,100 for the installation. According to technicians and inspectors at the International Association of Certified Home Inspectors, the typical water heater has a ten-year lifespan. The cost of water heated by electric is $100 per year more than gas. A plumber might suggest replacing the thermostat or heating element. How much does a tankless water heater cost? The two main cost factors for installation is the plumber's la… By purchasing your unit with us, you’re guaranteed an installation by a licensed, certified professional who has undergone a thorough background check. A faulty water heater … Learn more about the costs of a plumbing service call. How much will the water heater repair cost? The Home Depot offers traditional water heater tanks and modern tankless units, both powered by either gas or electricity. A 50-gallon, 5,500-watt water heater with a .90 EF and an electricity rate of $.16 per kilowatt hour will cost $781 to operate each year. Most of the time, homeowners put little thought into their water heater. This will facilitate ventilation and reduce the amount of extra labor needed. The U.S. Department of Energy estimates that in homes using 41 gallons or less of hot water, on-demand tankless units can conserve between 24% to 34% more energy than tank water heaters. If your home needs to be rewired, it can easily add $3,000 or more to the cost of installing a tankless water heater. Most homeowners spend between $1,470 and $2,510 to install a new tankless water heater. Higher-end models and … Troubleshooting a gas heater is a little different than electric; though flushing the tank, turning up the temperature, and insulating the pipes are probable fixes for either. Tankless water heaters generally require a higher initial investment, but they are less costly to operate and provide additional benefits like endless hot water. Insulate the hot water pipe coming out of the heater. A key consideration when choosing a pool heater is the cost of installation, and it’s generally best to consult a professional. Get an instant, vendor-neutral estimate of Heat Pump Water Heater options and costs in your zip code.Our cost guide has been updated for 2020 to reflect current fair wages and material option costs for Heat Pump Water Heaters… Installation is also cheaper, usually about $300 to $500, bringing the total cost in the range of $600 to … The price of a traditional water heater depends largely on its size, as a bigger unit will typically cost more. Units with increased energy efficiency and upgraded features, like hybrid models, may also raise the unit’s price. Electric varieties are also easier to install, and unlike gas units, they are less likely to lose heat. These units are a lower upfront investment than tankless water heaters but operation and maintenance costs are typically higher. See our rebates page to find out how much you might be able to save. Calculate how much it could cost to install a tub in your area. But, you must also consider the first hour rating. The most common in-home water heater is an electric heater with tank, for about $900 installed. New hot water heater installation costs range from as low as $550 to $10,000 or more, including the unit and labor. For a system with electronic ignition, the cost is closer to $1,200. Check our other plumbing and HVAC resources before you start your project. Many ENERGY STAR® water heaters, such as the A. O. Smith heat pump water heater may be eligible for a rebate in your local area. The better you maintain it, the longer it will last. An average water heater runs three hours daily. When the water heater is on the fritz, however, it becomes hard to ignore. In other words, as soon as y… New Water Heater Tank and Installation Costs. Get hassle-free estimates from local plumbing professionals and find out how much your project will cost. A traditional water heater preheats and stores water in a tank, usually with a capacity of 30 to 50 gallons. However, because … † The comparison assumes a storage tank water heater … For a family of five or six, it is the most suitable choice. Please contact the governing department of your town or city before installation to ensure your paperwork is in order. How much does it cost to install a water heater from the Home Depot? The heated water sits in the tank until you need it, and when it is used up, the tank refills and goes through the preheating process again. To lower these additional charges, our trusted professionals will discuss your options and recommend installing your new tankless unit near existing water and fuel sources. While tankless water heaters typically cost more upfront, these energy efficient units help lower utility costs and government rebates are often available for high-efficiency units. A plumber can diagnose the problem and assess if the unit can be repaired. However, they might bundle it together and call it a service call, which is typically $300. 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