Replacing a Water Heater
The hot water heater is one of the most important, yet most commonly overlooked appliances in a household. If you are >experiencing problems with your hot water system and repairs aren’t cutting it, replacement may be necessary. If this is the case, it’s a good idea to do your research first.
PriceA new water heater system ranges in price depending on the type of tank, size of the tank, and the system’s ability to conserve energy. This puts the price range anywhere from $150-$4,000. Electric water heaters are valued anywhere between $100-$700 and gas water heaters sell anywhere from $200-$1,000. Small units that fit underneath the sink can cost anywhere between $200-$1,500. Heat pumps and solar water heaters are also an option but come at a much higher price point.
Things to Consider When Shopping for a Water Heater:
- Number of appliances in your home that depend on hot water
- How many people live in the home (Tank size depends on amount of water to be used)
- Insulation (density ranges from 1”-3”) The better the insulation the better the ability to maintain temperature, save energy, and receive a better warranty
- Check Warranty. The average water heater will last twelve years (6 at minimum). Hard water (from a well-water system) is harder on these appliances, leading to a shorter lifespan
- Check to make sure the system is energy efficient. The National Appliance Energy Conservation Act of 1987 instituted the requirement of a yellow Energy Guide sticker be displayed on each water heater unit indicating the energy usage requirements for both electric and natural gas tanks