Water Heater Cost: Frequently Asked Questions

Installing a new water heater is one of the most extensive and expensive home maintenance investments a homeowner can make. Therefore, it is important to understand the details that go into the installation and subsequent cost. Whether you are based in Austin, Texas (zip code 78722) or in another part of the country, the following questions will help you make an informed decision about water heater cost.

What Types of Water Heaters Are Available?

Water heaters are available in either gas or electric varieties. Each type has its own set of responsibilities and benefits, and choosing the best one depends on your individual needs and budget.

Gas water heater units are typically cheaper to operate because they are more energy efficient; however, they require an annual inspection to ensure that the flue and combustion chamber are free from blockages or corrosion, and they also require a tank liners and an exhaust vent. They also contain a pilot light which is meant to be monitored and extinguished if it is not needed.

Electric water heater units are slightly more expensive to install, but are cheaper to operate since they don't require any attention after installation. Additionally, they have fewer vents and other parts that could require repair.

What Factors Affect Water Heater Cost?

The size of the water heater is the most important factor that influences cost. Electric water heaters are usually sized according to the number of gallons they can hold, while gas water heaters are usually sized according to how powerful their burner is. Additional factors influencing cost include installation setup complexity and the type of water heater (gas vs. electric).

The cost of gas and electric water heaters can range widely, depending on factors such as their size and energy efficiency ratings. For example, tankless water heaters can cost up to three times more than a conventional storage tank. Your geographic location and the availability of technicians in your area can also affect the total cost, as labor costs are highly variable.

How Much Does It Cost to Install a Water Heater?

Installing a new water heater can cost anywhere from $300 to $2,000 or more, depending on the type and size of the unit, the installation location, and the difficulty of the install. Installing a new gas water heater can cost between $250 and $1250, while electric water heater installation can cost between $400 and $2,000.

Homeowners should also factor in additional costs for replacement parts, such as weatherization and venting, and any special permits required in their area. In addition, labor costs can also significantly affect the total cost.

Is It Worth Paying More for a High-Efficiency Water Heater?

Most water heaters will last between 10 and 15 years, so it is important to consider the long-term savings that come with investing in a more efficient unit.

High-efficiency gas water heaters can save you up to 20% on energy costs since they are designed to use less gas for a given level of hot water production. Electric water heaters that have earned the ENERGY STAR label are also more efficient than non-ENERGY STAR rated models and can significantly reduce energy costs.

Water Heater Cost

Gas Water Heaters

Electric Water Heaters