Understanding the Costs of Water Heater Installations

Water heater installations, regardless of the type, come with costs. Depending on the complexity of the installation, these costs may include labor, materials, and permits. Knowing what to expect prior to investing in a new water heater can help you budget more effectively and get the best deal for your needs. Below are some key factors to consider when understanding the cost of water heater installations.

Tankless Water Heaters

According to Forbes, an electric tankless water heater costs around $500 to $1500, while a propane tankless water heater can cost up to $1500. In our experience, whether you opt for a tankless system or a traditional storage tank, installation labor prices can range from $150 to $350 depending on the complexity of the job. With tankless water heaters, there are also additional expenses for venting and special electrical wiring that need to be accounted for.

Installation Materials

The materials needed for installation will vary depending on the type of water heater being installed. Both gas and electric water heaters require fittings and piping, as well as other necessary items such as wiring and valves. If your home does not have an adequate ventilation system in place, then you may need to invest in materials to increase airflow. Some areas even require permits prior to starting any work, so make sure to factor that into your budget as well.

Professional Installation

Even if you are a relatively experienced DIYer, installing a water heater is a complex job and should only be handled by licensed professionals. Not only will they have the knowledge needed to complete the job properly, but they will also be able to take care of any permits and inspections that may be required. Finding a reliable contractor with experience in water heater installation can help ensure the job is done right.

Energy-Efficient Water Heaters

When shopping for a new water heater, look for energy-efficient models that can help you save money on your monthly utility bills. These types of water heaters may be more expensive upfront, but you’ll get your money back (and then some) in the long run.

Understanding the cost of installing a new water heater will help you budget more effectively and choose the best system for your needs. Keep these factors in mind to ensure that you get the most out of your investment. If you need help with your water heater installations, call NJ Pipe Doctor today!