Water Heater Replacement Cost: A Comprehensive Guide 2023


Water Heater Replacement Cost: A Comprehensive Guide 2023 

     Are you considering replacing your water heater and wondering about the cost? In this blog post, we will provide you with valuable information on the cost of a brand-new water heater, labor expenses, and the time required for the replacement process. Whether you're located in Naples, FL, or the surrounding areas, understanding these factors will help you make an informed decision. 

How much is a new water heater?  

     The cost of a brand-new water heater can vary depending on the type and size you choose. Beyond just the cost of labor and materials, there may be additional expenses such as permits or additional parts and valves that are specific to your installation requirements. For storage tank water heaters, the price typically ranges from $500 to $2800, for the water heater itself, with the cost fluctuating based on the tank's size, and type. In addition to the water heater you will likley have additional materials such as relief valves, expansion tanks, valves, pipe and fittings.  

    The total installation of a tank-style hot water heater averages between $1250 and $2,100, however there are also many options for tank type water heaters. Heat-Pump or Hybrid water heaters cost much less to operate each year (As little as $100.00 compared to $300-$400 for a standard tank water heater) but can cost double a standard tank water heater at the initial installation. Considering the average home owner only gets to upgrade the water heater once every decade or so, be sure to take some time evaluating all of your options. 

    Converting from a tank water heater to a tankless water heater can mean an additional upfront investment. You may have different permit requirements, or gas/electrical upgrades that will need to be completed to make the change. If you are considering going tankless it is best to set up an onsite consultation with a plumber. 

What is the average labor cost to replace a hot water tank in Naples, FL?  

When it comes to labor costs for water heater replacement, you can expect the following price ranges in Naples, FL: 

  • Replacing a basic tank-style water heater: $550 - $1,250 

  • Replacing a tankless water heater: $550 - $1,850 

  • Converting a tank-style water heater to a tankless system: up to $5,000

How long does it usually take to replace a hot water heater?  

   On average, the process of replacing a gas or electric water tank with a similar model takes approximately two to four hours. This timeframe includes draining, disconnecting, and removing your old water heater. Keep in mind that actual time may vary based on specific circumstances and the complexity of the installation. 

Signs that your hot water heater may be failing:  

If you're unsure whether it's time to replace your water heater, watch out for the following signs: 

  1. Strange Noises: Popping, banging, or rumbling sounds coming from your water heater may indicate sediment build-up, which can cause the unit to overheat and eventually fail. 

  1. Rust or water stains running down the tank.  

  1. Swelling or splitting at seams.  

  1. Age of the Water Heater: In general, you can expect your water heater to last about ten years. If your unit is reaching or exceeding this age, it's a good idea to consider a replacement. In most condominiums or multi-family buildings there are rules in place requiring the heater to be changed out after 10 years. This is to prevent damage to your home and any neighbors below you.  

Understanding the costs involved in replacing a water heater is crucial for making an informed decision. The price of a brand-new water heater, labor expenses, and the time required for the replacement process can vary based on factors such as the type and size of the unit. If you're located in Naples, FL, or the surrounding areas, Mike's Plumbing of SW FLA Inc. is here to assist you with professional water heater replacement services. Contact us today to schedule an appointment or to discuss your specific needs.