Installing an electric water heater is a great way to have a constant supply of hot water in your home. However, the cost to install an electric water heater can vary based on several factors. In this article, we will explore the different factors that impact the cost of installing an electric water heater and provide some tips to help you save money.
Factors that Impact the Cost of Installing an Electric Water Heater
Type of Water Heater
The cost of an electric water heater can vary depending on the type of water heater you choose. There are two main types of electric water heaters: tankless and tank-style. Tankless water heaters are more expensive than tank-style water heaters, but they are more energy-efficient and have a longer lifespan. Tank-style water heaters, on the other hand, are less expensive upfront, but they are less energy-efficient and have a shorter lifespan.
Size of Water Heater
The size of the water heater you need will also impact the cost of installation. The size of the water heater is measured in gallons and determines how much hot water the unit can produce at once. The larger the water heater, the more expensive it will be to install.
Location
The location of your water heater can also impact the cost of installation. If your water heater is located in a difficult-to-access area, such as a crawl space or attic, it may be more expensive to install. Additionally, if you need to move your water heater to a new location, it will be more expensive to install.
Labor Costs
The cost of labor is another factor that can impact the cost of installing an electric water heater. If you hire a licensed plumber to install your water heater, the labor costs will be higher than if you attempt to install the unit yourself.
Permits and Fees
Finally, permits and fees may be required to install an electric water heater. The cost of these permits and fees can vary depending on where you live.
Tips to Save Money on Installing an Electric Water Heater
Choose a Tank-Style Water Heater
As mentioned earlier, tank-style water heaters are less expensive upfront than tankless water heaters. If you’re on a budget, choosing a tank-style water heater may be the best option.
Opt for a Smaller Water Heater
If you don’t need a large amount of hot water at once, opting for a smaller water heater can help you save money on installation costs. A smaller water heater is less expensive to purchase and install than a larger one.
Install the Water Heater Yourself
If you have plumbing experience, you may be able to install the water heater yourself. This can save you money on labor costs, but it’s important to note that if you make a mistake during installation, it could end up costing you more in the long run.
Shop Around
Finally, it’s always a good idea to shop around and compare prices from different plumbers and home improvement stores. This can help you find the best deal on your electric water heater installation.
Conclusion
The cost to install an electric water heater can vary based on several factors, including the type of water heater, size of water heater, location, labor costs, and permits and fees. However, there are ways to save money on installation, such as choosing a tank-style water heater, opting for a smaller water heater, installing the water heater yourself (if you have plumbing experience), and shopping around for the best deal. By considering these factors and tips, you can find an affordable electric water heater installation option that meets your needs.
No comment