5 Things to Consider for Water Heater Replacement Cost

Property owners are all too familiar with the importance of reliable access to hot water. Nothing puts a damper on your day like an unexpected decline in your water heater performance or a complete failure of the unit. If you find yourself having to replace a water heater, the cost to replace it with a new one can be an overwhelming expense. Here are five things to consider when it comes to water heater replacement cost.

1. Type:

The cost for a water heater replacement depends on several factors, the first of which is the type. Water heaters come in all shape and sizes, with different fuel and energy sources. Traditional water heaters that rely on electricity or fossil fuels can be cheaper to install than solar heaters (especially when tax rebates are applicable). Moreover, the cost can also depend on the water heater size, from smaller versions good for apartments to larger ones meant for a family home.

2. Age:

The age of the existing water heater is also important to consider when evaluating the cost of a water heater replacement. If the current water heater is relatively new, the replacement cost could be less than the cost of repairing the existing heater. However, if the current water heater has been in service for many years, the cost of replacing it could be higher than the cost of repairs. In this case, repairs could be a more cost-effective option.

3. Location:

The location of the water heater also affects the cost of replacement. Replacing a water heater with a new unit is significantly different if the replacement is completed in a basement versus a two-story residence. The difficulty for the installation, the need for permits, and possible structural reinforcement affect the cost significantly.

4. Contractors:

It is important to contact well-reviewed contractors in your area, like Abacus Residential and Commercial Plumbers, when you need to have your water heater replaced. Not only are they knowledgeable and experienced, but these licensed plumbers work with a commitment to customer satisfaction and will use the highest standards in training to complete the replacement.

5. Brand:

Finally, when replacing a water heater, homeowners need to decide which brand is best for them. Different brands offer different levels of energy efficiency, water output, tank size and warranties. These features all play a role in the final cost of the replacement, so researching each of them is important when making your decision.

No one likes having their water heater fail, but when this happens, it is important to understand the cost of a replacement and all the factors that go into it. From the type and age of the water heater to the location you live in and the contractors you choose, all of these decisions can affect the overall water heater replacement cost.

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