Types of water heaters and what costs to consider
The various types of water heaters
The concept of water heaters has not changed much since inception. Water heaters are designed to maintain a supply of hot water ready for use, as and when needed. There are several heat source types, including solar, gas and electric. As well as a variety of types of water heaters:
- Conventional storage water heaters – offer a ready supply of hot water stored in a tank.
- Tankless or demand-type water heaters – heat water directly without the use of a storage tank
- Heat pump water heaters – move heat from one place to another instead of generating heat directly for providing hot water
- Solar water heaters – use the sun’s rays to heat water
- Tankless coil and indirect water heaters – use a home’s existing space heating system to heat water
Images courtesy of US department of energy
The choice of water heater type, capacity and heat source are dependent on the need of the property and its occupants.
Water heater costs to consider
Costs to be considered when looking to replace or install a new water heater:
Replacement of water heater – The actual cost of the unit. Shop around, it’s worth reaching out to local plumbing companies for estimates. And do take into consideration government subsidies and tax breaks if available for various types of water heater new installs.
Water heater Installation cost – Not considered your regular DIY job. You’ll probably need a professional to get any type of water heater installed. You’ll likely have an existing water heater to be removed. Sometimes parts can be salvaged by the installing plumber for a subsidy off the price of a new install, so be sure to ask for that.
Water heater service cost – This includes the repair for any unplanned breakdowns costing anywhere between $200 – $1200. Or a preventative maintenance contract which you can put in place to better manage costs and prolong the life of your new water heater. Again, local plumbing companies can provide you with an estimate depending on the unit type.
A balance of need and price
Knowing your household water heating needs and considering costs for maintenance and upkeep as well as potential subsidies. You will be better informed on what’s the best unit out there for you. We have a home maintenance guide which includes some DIY maintenance you can do to prolong the life of your water heater.
If you need help around the home whether its plumbing, electrical, handyman services or other. You can always procure these services directly from our site at a time that suits your schedule, at a price that’s competitive and from professionals who are the very best at what they do.
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