The average cost for water heater can cost roughly $400 to $900, while a tankless water heater can run $1,500. However, that’s a general range. The size, brand, length of warranty and energy efficiency of a water heater are among the factors that can affect the price. Get free estimates from pros near you.
When you’re taking a shower or doing the laundry, you probably don’t give much thought to your water heater. But here’s one reason you should: Water heating makes up about 12 percent of your utility bill, according to the U.S. Department of Energy.
In light of the utility expenses related to heating your household’s water, it’s critical to carefully weigh the costs of buying a water heater and getting it installed. This guide will give you an idea of what costs to expect and give you tips on how to score the best deal on a new water heater.
The price to buy a water heater and the cost to install it vary greatly.
Keith Dees, owner of Smart Choice Plumbing in Fremont, California, says a tanked water heater can cost roughly $400 to $900, while a tankless water heater can run $1,500. However, that’s a general range. The size, brand, length of warranty and energy efficiency of a water heater are among the factors that can affect the price.
On top of that, installation costs roughly $400 to $2,000, according to Dees. These costs might be at the low or high end of this range based on the connection types, water heater pedestal and geographic location, as well as whether the hold heater needs to be removed.
First, do your homework online. Check reviews published on Google, HomeGuide, and Yelp, and published by the Better Business Bureau. In addition, look for reviews that seem genuine. Second, ask relatives, friends, coworkers and others for recommendations. Word of mouth is one of the best forms of marketing.
More important than anything else is hiring a licensed, bonded, insured plumber to install your water heater.
If a plumber advertises that it’s licensed, be sure to check with the state board that regulates plumbers to ensure the license is valid and the plumber is in good standing with the state board, says Daniel Jape, president of Reliable Heating & Air in Kennesaw, Georgia.
Ultimately, Dees suggests shopping based on a plumber’s reputation, not on price. Many plumbers will try to outbid each other, but then inflate the cost or cut corners, he says.
Steve Beeler, owner and president of RSC Heating and Air Conditioning in Lancaster, Pennsylvania, says no two proposals are exactly the same, but if you’re comparing the same water-heating equipment, price quotes should be within 20 percent of each other.
Maybe, but experts don’t recommend it.
“Price negotiations typically require the purchaser to give something up in return for a lower price. Be sure that safety and quality are never sacrificed to save a few dollars,” Beeler says.
David Specht, president and CEO of The Waterworks, a plumbing company in Columbus, Ohio, says it should raise a red flag if a plumber starts negotiating the cost of the work. Why? The plumber probably wasn’t being honest about the first price that was quoted.
Beeler suggests finding out whether any rebates or incentives are available from your utility provider for upgrading to an energy-efficient water heater. Also, ask about whether the contractor is offering any specials, such as no-interest financing.
The contract should include:
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