Did you know that more than nine million water heaters are sold every year in the U.S.?
If you’re in the market for a new water heater but aren’t quite sure which one to buy, you’re in the right place! Keep reading to learn what to consider before installing a new water heater.
Do You Want a Tankless or Traditional Water Heater?
This is one of the most common questions when homeowners need a new water heater. The two main kinds of water heaters are tankless and traditional. One is not necessarily better than the other; you need to find which suits your household the best.
Tankless water heaters cost less to run so that they will save you money on your electricity bills over time. They also tend to have a longer lifespan than traditional water heaters. Since they don’t have a tank, they take up less space in your home.
On the flip side, tank water heaters cost less to install. If you plan on regularly running multiple water fixtures simultaneously, a tank water heater is much better equipped to support your needs.
What To Know When Replacing a Water Heater?
Size of Tank
The tank size you need depends on your home and how many people live in it. If you only have one or two people in your household, you don’t want to get a tank that’s too big. Doing so will waste money and energy. If you have a big family, you don’t want a tank too small, or you’ll constantly take cold showers.
Newer models of water heaters all tend to be energy efficient. Higher quality models with the latest technology are usually even more energy-efficient but come with a higher price tag.
If conserving energy is one of your top priorities, you should consider a tankless model. While they only produce a limited amount of hot water per minute, they’re much more energy-efficient than a traditional water heater.
How Will it Be Installed?
You’ll want a trained and licensed professional to install your new electric water heater for you. A great installation service can be performed in about three hours under normal circumstances. Check with the plumbing company you choose whether they will haul away the old system.
How Much Does it Cost?
The average cost to install a new water heater in the U.S. is $1194. That includes the heater and the labor. Tankless heaters can cost anywhere between $1000 and $3000. The cost of traditional heaters ranges between $300 and $2000. Plumber labor runs between $45 to $150 per hour.
Consider These Things Before Installing a New Water Heater
Now that you know what to consider before installing a new water heater, are you ready to decide? From the type of water heater to the price, considering all these things will help you make the right choice for your home.
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