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The Costs of Replacing a Hot Water Heater

Dec 21, 2016

A close up view of a chrome shower fixture that was successfully supplied and installed by romaniuk heating.

The hissing, gurgling figure lurks in your basement, casting a long shadow in the eerie light of a bare bulb, it’s the revenge of the aging water heater. It may sound like a horror movie to some, but most homeowners will have to go through a hot water tank replacement eventually. While it’s true that it can be an expensive and time-consuming project, it doesn’t have to be difficult.

Read on for Romaniuk Heating & Air Conditioning’s guide to managing the costs of replacing a water heater.

Q: Are tankless water heaters worth it?

A: Most of us grew up with hot water tanks that maintain a standing supply of heated water. Nowadays, tankless water heaters have grown in popularity as they save a significant amount in energy costs and have longer lifespans.

On the other hand– high installation and retrofitting costs, smaller capabilities and steep initial pricing lead many property owners to stick with the more affordable technology of a hot water tank.

Q: Electric or Gas– which is cheaper in the long run?

A: Electric and gas water heaters both offer different advantages and disadvantages, but for many people, it only comes down to the bottom line. Sticking to a sensible budget can make or break a homeowner, so it’s understandable why the cost is such a serious issue.

Electric water heaters are 20-30% more energy efficient than gas alternatives, they cost more to maintain, and high-end units are more expensive.

Gas water heaters can be had more cheaply and will incur fewer upkeep costs, but your utility bill will be higher.

You should choose the type that will better suit your lifestyles. Families in larger homes may save more with a gas hot water tank, while singles or couples in smaller homes may do very well with an electric heater.

Q: I’m pretty handy around the house, why call an expensive tech when I can D-I-Y?

A: One word– safety! Whether dealing with gas or electricity, water heaters require enough of either to pose a severe risk to installers of any skill level. The techs here at Romaniuk are tested and trained on all of the latest technology and safety standards. Don’t risk carbon monoxide poisoning, electrification or worse. Our reasonable fee is a small price to pay for the peace of mind that your furnace or HVAC system was installed correctly and safely with the correct tools.

So you’ve faced your fear! Your water heater doesn’t seem so scary now, right? Even if you weren’t intimidated, we hope you leave this article more informed about the costs of replacing a water heater. If you have any questions or concerns, please do not hesitate to contact us here at Romaniuk!