Price Of New Water Heater

Electric water heater takes up less space than competing models making it the perfect for replacement of an existing water heater.

Price of new water heater. The rheem performance 50 gal. According to our hot water heater installation price guide the cost to replace a hot water heater is 850. Most standard electric and gas water heater units cost 400 to 1 600 however they can range anywhere from 250 to 6 000 depending on the type. This estimate includes the following components.

New water heater tank and installation costs. Provides ample amount of hot water for households with 3 to 5 people. New hot water heater installation prices new hot water heater installation costs range from as low as 550 to 10 000 or more including the unit and labor. 1 500 nationwide costs generally fall within the range of 1 300 to 2 000.

Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it. An average water heater tank lasts about 10 years. Get free estimates from water heater installers near you. 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.

If you re not sure whether to repair or replace a water heater a good rule of thumb is to never spend more than half the cost of replacement on a repair. If you need to save more space be sure. If you re feeling lukewarm about your current hot water heater or are looking to install one in your new home lowe s has a full selection of electric water heaters gas water heaters tankless water heaters hybrid heat pump water heaters and water heater accessories to help you make one very hot choice. Plus it includes a 1 year in home labor warranty in addition to a 6 year tank and parts warranty.

Basic tank water heater.