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How Much Does a New Hot Water Heater Cost?

Are you tired of taking cold showers or washing dishes with cold water? If your water heater is on its last legs, it’s time for a replacement. Even with regular maintenance, every water heater will eventually need to be replaced. At Michael Runk Plumbing and Heating, we understand the importance of having a reliable water heater in your home. As experts in the industry, we’ve helped countless Maryland homeowners with their water heater needs, and today we wanted to talk about the different factors that affect how much a new hot water heater costs.


How Much Does a New Hot Water Heater Cost


Type of Water Heater

There are two main types of water heaters: tank and tankless. Traditional tank water heaters store hot water in a large tank, whereas tankless water heaters heat water on demand as it passes through the unit. Tankless water heaters, on average, are more difficult to install and cost a little more, but they provide a limitless supply of hot water. Additionally, they are more energy efficient and can lead to decreased energy bills over time


Size of Water Heater

The size of your water heater is going to be one of the biggest factors in determining the cost. Water heaters are measured in gallons, and you want to choose a size that will meet the hot water needs of your household. If your current water heater is giving household members cold shower surprises, you should consider upgrading the size. If you have a smaller home or live alone, then a 40-gallon water heater should be sufficient. However, if you have a medium to large home or multiple people living in your household, a 50-gallon or 80-gallon water heater may be needed.


Energy Source 

The fuel or energy source you choose for your water heater can also impact the cost. Electric water heaters are generally less expensive upfront than gas water heaters, but they may cost more to operate over time due to higher electricity rates. Gas water heaters, on the other hand, can be more expensive upfront but may cost less to operate over time, especially if you have access to affordable natural gas. 


Work With a Trusted Maryland Water Heater Installation Company

Are you tired of dealing with a malfunctioning or inefficient water heater? Don’t let a faulty water heater disrupt your daily routine and increase your utility bills. The solution to your problem is simple: work with an experienced and trusted plumber to get the job done right. At Michael Runk Plumbing and Heating, we are the go-to experts for water heater services in Maryland. Our team of skilled plumbers has been providing high-quality water heater services for years. When you choose to work with us, you can rest assured that you are getting the best possible service and expertise. We’ll help you choose the right water heater for your home and ensure it is installed correctly, quickly, and efficiently. Give us a call at 866-507-1619 or contact us online.

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