You may need to replace your hot water heater if it’s too old, not working properly, or leaking. It can be expensive to replace one, though. The average cost of a water heater ranges from $500 up to $5,000. We also have to take the cost of installation into account. This is generally 500 USD or more.
The good news is that there are a lot of ways to save when it comes time for you to purchase a new water heater. Here are some considerations and strategies for saving on the cost of your new hot water heater.
Considerations for Saving on the Cost
Your plumber can recommend what system works best for you. There are several brands and each has its own advantages and disadvantages. Expensive systems can last a long time and be more efficient. Cheaper systems can break faster and be harder to fix. Plumbers often specialize in a few brands as it is difficult to know how each system works. Some brands (such as Viessmann) have their own plumbers and install them in the homes of customers directly.
Plumbers generally charge a fee for buying the system. Given that they often buy them in bulk and can buy them when there is a promotion, you might not save a lot if you buy a system yourself. Plumbers often don’t want to install a system that has been bought by someone else as they don’t know what has happened with it before. This can affect your guarantee.
Another way to save is by buying and DIY install your own water heater. This can be done if you have basic plumbing skills and some understanding of how water heaters work. The downside is that this may require some time and effort on your part, which not everyone has the patience for. But if you do decide to install the water heater yourself, then this is an option that’s worth considering! One thing that can make a difference in the cost of your new water heater is where you buy it. Whether you buy it online or at a store, there are ways to save money.
For example, if you purchase your new water heater online, then you might be able to find better deals on better brands because they’re not paying for the costs of having a physical location. You could also go to a discount home improvement store and see what they have available. If you purchase it from them, though, be sure that it has an Energy Star rating as those tend to be more efficient than other models.