All electronic equipment in your home has been damaged and needs replacement. Like the water heater at home, this is one of the devices experiencing the damage. Several problems are sometimes complicated to repair. As a result, you need a water heater replacement cost. The costs include materials labor and other costs that can vary greatly. So how much does it cost to replace it? How can you save more?
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Factors That Influence Water Heater Replacement Cost
If you have only replaced your water heater once, you may be confused about how much you must pay. It also happens when you change to a better or more sophisticated water heater product. You can find a lot of information about cost guides related to factors in replacing a water heater.
These factors influence the costs you will spend. Replacing certain parts does not cost the same as upgrading product components. More costs usually apply to the size of the heater and the labor involved in replacing it.
Replacement Costs Based on Tank Type
The size of a tank-less water heater is only the size of a suitcase which is usually attached to the wall. It is very different from a water heater with a water storage tank with a capacity of 100 gallons. Tank-less models are now more popular.
The replacement costs can reach twice as much as conventional models. When you switch from a ladder to a ladder model, you also need to consider the cost of repairs. Although, many people save energy by using tank-less water heaters.
Consider the Size of the Tank
A gallon is a measurement in a tank model system and a gallon per minute is a unit of measurement in a tank-less heater. The replacement cost depends on the size of the tank. The average cost to install a 50-gallon water heater is $1400 – $3100. It includes spare parts and personnel who perform replacements. Before buying a water heater, you can calculate your needs by looking at the number of family members.
Replacement Costs Based on Fuel Type
Fuel is a crucial variable in the cost of replacing a water heater in your home. Costs will continue to increase if natural gas, propane, and electric heaters are used. However, other types of fuel are much more expensive. You will need to install a gas line or electrical cable to change the fuel type. Using fuel turns out to be more cost-effective than paying electricity bills.
Ventilation Type Factor
Not all types of water heaters require ventilation, such as electric water heaters. Passive ventilation systems are cheaper to replace than power-vent heating ventilation which usually uses a fan or blower. The cost is $500 – $1,000 more than a direct vent system.
Tips for Saving Water Heater Replacement Costs
You should always prepare emergency funds to repair or replace electronic equipment in your home, including the water heater. Because this is very incidental and not a cost-effective project because you have to replace it with a new item. There are several tips that you can apply in terms of saving costs so that you are more economical and don’t disturb your household budget.
The First Step is Not to Always Immediately Replace it With a New Unit But Try to Repair It
You can do this if you see that the water heater can still operate normally considering its age. The average lifespan of a water heater is between six and twenty years. The model and how to care for it certainly greatly influence its performance. You can first carry out repairs such as replacing the gas valve and other simple repairs.
Use the Same Type and Model of Water Heater
If you have to replace it, look for a similar type. It means you will save on the budget for installing new electrical cables, gas lines, water lines, and plumbing. Make sure the condition of these supporting components is in good condition.
Long Term Savings
If you are not interested in continuing to use the same type, then you can change it to another type that is more energy efficient. You can choose a gas-fired or solar-powered water heater. You can also consider a tank-less water heater, even though it is more expensive, this is a more long-term investment in water heater options.
Buy the Water Heater You Want Yourself
It proves to be more economical than buying it from a contractor. However, you need to consider the mobilization of items so that the items are safe. However, if you do not have sufficient carrying capacity, you can avoid the hassle and buy through an expert.
Many factors influence the amount of water heater replacement cost you need to pay. Considering that this is quite an important piece of equipment in the household, when buying it you need to consider it so that it doesn’t break down frequently so it needs to be replaced. Replacement can be relatively expensive so you can try to repair it first before actually wanting to replace it with a new unit. You must prepare for additional costs when doing a replacement project like this.