When it comes to home maintenance, one of the most overlooked aspects is the water heater. However, when this essential appliance fails, homeowners quickly realize its importance. The cost of replacing a water heater can vary significantly depending on several factors such as the type of water heater, installation costs, and additional expenses like permits or disposal fees.
The first factor to consider is the type of water heater you want to install. There are two main types: tankless and traditional storage tank heaters. Tankless models heat water directly without using a storage tank and are more energy-efficient than their counterparts but come with a higher upfront cost. On average, they can range from $1,000 to $3,000 without installation.
On the other hand, traditional storage tank heaters store and heat gallons of water in a large tank until it’s needed. These types are less expensive initially but may cost more in the long run due to higher energy consumption. They typically range between $300 and $1,500 excluding installation.
Installation costs also play a significant role in your budgeting process. The complexity of installation varies based on whether you’re replacing an existing unit or installing a new one altogether as well as your home’s existing plumbing company oklahoma city setup for gas or electricity lines which could add extra labor hours if adjustments need to be made.
Professional plumbers usually charge between $45-$150 per hour depending on their experience level and location whereas some companies offer flat-rate pricing for standard installations ranging from $200-$400 not including any modifications necessary for proper fitment.
Additional expenses that often go overlooked include obtaining permits if required by local codes which can range anywhere from $50-$500 along with disposal fees for your old unit averaging around $50-$100 depending upon local waste management regulations.
Furthermore, while considering these costs remember that opting for more energy-efficient models might seem pricier upfront but can save you money over time through lower utility bills making them worth considering.
In conclusion, while the cost of replacing a water heater can vary greatly depending on a multitude of factors, homeowners should plan to spend anywhere from $800 to $3,500 for traditional models and up to $4,000 for tankless units. It’s always advisable to get multiple estimates and weigh your options before making a decision. Keep in mind that while it is an investment, having hot water at your disposal is not only a matter of comfort but also essential for many daily household tasks.
Code 3 Plumbing and Drain
7417 NW 84th St, Oklahoma City, OK 73132
405-860-6888