Cost To Replace 50 Gallon Electric Hot Water Heater

Electric water heaters typically cost less than gas units but are more expensive to operate.

Cost to replace 50 gallon electric hot water heater.

Depending on your selection the average cost for water heater installation is between 1 000 to 3 000. These units do not store hot water but rather heat it as needed which saves energy. An electric water heater can cost 400 3 000 or more for complete installation of a conventional storage tank model and 1 800 4 500 or more for a tankless model including a 220v 240v outlet. See professionally prepared estimates for hot water heater replacement work.

The national average cost to replace a hot water heater is 611 96 per heater with a range between 576 18 to 647 75. For a conventional storage tank model a one to two person household needs a 30 40 gallon water heater while a household of five or more needs 50. Also most plumbers will charge between 250 and 500 to take the old water heater out and properly dispose of it. The total price for labor and materials per heater is 1 260 43 coming in between 1 164 30 to 1 356 55.

Costs are similar for tank style water heaters though a gas tank water heater may cost 50 to 100 more than an electric tank water heater. Most water heaters include a label listing the annual. Plus a gas heater costs less initially. See typical tasks and time to replace a hot water heater along with per unit costs and material requirements.

According to our hot water heater installation price guide the cost to replace a hot water heater is 850. What should be included. The cost to install a new water heater ranges from 400 to 900 for a 40 to 50 gallon tank and between 1 470 and 2 510 for a tankless. The home depot offers traditional water heater tanks and modern tankless units both powered by either gas or electricity.

A gas tankless water heater typically costs at least 500 more than an electric water heater. Therefore if your repair bid comes in above 425 and your hot water heater is more than seven years old you may want to consider replacement versus repair. A 50 gallon 5 500 watt water heater with a 90 ef and an electricity rate of 16 per kilowatt hour will cost 781 to operate each year. The cost to replace a hot water heater starts at 1 174 1 362 per heater but can vary significantly with site conditions and options.

The 40 50 gallon water heater with a tank is about 350 3 000. Installation of a tankless electric water heater typically requires a 220v 240v electrical outlet and can cost 1 000 3 000 bringing total costs to 1 800 4 500 or more. While the gas heater is 250 1 200. Gas heaters use gas to warm up the water while electric water heaters use electricity.