Water Heater Replacement Cost – Top 5 Things to Consider
When it comes to water heater replacement cost, there are a few main factors to consider. Having an idea of what those factors are can help you decide the best course of action for replacing your water heater.
For starters, location is a major factor when it comes to water heater replacement cost. Since the cost of labor and materials varies from region to region, it’s important to find out exactly what the cost will be for your particular region. In Austin, Texas area, for example, the average cost of water heater replacement is anywhere between $1000-$1500, depending on the size and type of water heater chosen.
The age of the water heater is another factor to consider when looking into the cost of replacing it. Older water heaters tend to be more expensive to replace than newer models. This is because new models come with advanced energy-efficiency ratings that can help reduce your energy bill. In addition, newer water heaters are usually less prone to breakdown and require fewer repairs. If you’re planning to replace your existing water heater, the age of the unit should be taken into account.
The type of water heater you choose is also important when considering the water heater replacement cost. Conventional water heaters, also known as tank-style heaters, are often the least expensive option. They have a large tank that heats up a set amount of water and stores it for use. This type of heater typically has a lifespan of 8-12 years with proper maintenance.
Tankless water heaters are the other type of water heaters to consider. These are more expensive than conventional water heaters, but they are more energy efficient and have a lower long-term operational cost. They also don’t require a large storage tank, so you don’t have to worry about running out of hot water.
Finally, the size of the water heater matters when it comes to water heater replacement cost. Smaller water heaters will typically cost less to replace than larger ones. Depending on the type of water heater you choose, the size of the unit can have a major impact on the overall cost.
No matter the type of water heater you choose, it’s important to take into account the age, type and size of the water heater so you can get an accurate estimate of what the water heater replacement cost will be. For more information on water heater replacement cost in your specific area, contact your local Abacus Residential and Commercial plumbing expert.