Most people can now take hot water for granted. So when your heater suddenly fails, you really notice it. You’ll want to replace your heater fast.

Whether you’re replacing your water heater or buying a new one, pricing can vary depending on the water heater type. Below, we’ll discuss the different types of heaters and their relative costs.

Electric vs. Gas Water Heaters

Electric Water Heaters

Electric water heaters are cheaper upfront than gas heaters — running you about $500 for a 50-gallon tank heater. Plus, they’re safer than gas heaters and friendlier for the environment.

However, they tend to cost more in energy over time. Plus, you lose hot water if you lose power.

Gas Water Heaters

Gas water heaters cost more initially, but it’s cheaper to use them. You don’t have to worry about losing hot water during a power outage, either.

That said, gas heaters can cause more harm to the environment due to their fuel source.

Tank vs. Tankless Water Heaters

Tank Water Heaters

Tank water heaters are much more common, less expensive, and easier to install than their tankless counterparts. 

They work by storing and heating several gallons of water constantly, though. That means they use more energy and wear out quicker than tankless heaters.

Tankless Water Heaters

Tankless heaters have a more intensive setup process (involving new electrical wiring), leading to higher installation costs.

But the large investment comes with some advantages: tankless heaters use a lot less energy than tank heaters and last up to 20 years. 

Energy-Efficient Water Heaters

Here are some water heaters that can minimize harm to the environment.

Solar Water Heaters

Solar water heaters are tank heaters that heat your water using the sun’s rays. There are two types of solar heater systems:

• Active systems — Pumps water into your home. Usually costs around $3,000.
• Passive systems — Uses natural convection to provide your home with water. Usually costs around $2,000.

Most solar heaters have traditional heaters just in case.

Indirect Water Heaters

Indirect heaters draw on your furnace or boiler’s heat to heat your water. Because of this, indirect water heaters are quite energy-efficient.

However, they also have a fairly hefty $1,500 price tag.

Is My Water Heater Failing?

Here are some signs your water heater might be failing:

• Leaks
• Loud noises coming from heater
• Slow-heating water or water that doesn’t heat
• Discolored or funny-tasting water

Also, it may be time to replace your water heater if it’s 15 years old or older.

How to Pick a Water Heater

Here are some guidelines for picking a water heater:

• Home size — Larger homes need larger heaters. A two-person home could do with 30-40 gallons, while a four-person home could step up to 50-60.
• Energy usage — Some heaters might cost more but pay for themselves in energy savings.
• Fuel type — Make sure the fuel your potential water heater uses is available. For example, if it uses natural gas, make sure your property has or can get a natural gas line.

When Should You Call a Plumber?

Replacing a water heater on your own is a long and tough job. You should call a professional plumber like Barner Murphy if your water heater is showing signs of deterioration or if it breaks down unexpectedly. We’ll work fast and efficiently to make sure you can continue to enjoy hot water in your home. Contact us today!