When you are choosing a hot water system for your home or business, it is only natural that you be concerned about the cost. How much you will pay for your hot water system depends on several factors. Here’s what you need to know to decide which product is right for you.
Type of System
The first consideration is which style of hot water system you would like to install: gas or electric. With gas systems, prices range from about $750 to $1,600, depending on the size and quality of the system. For electric versions, you’ll see an even wider range of prices, from about $450 to $1,800.
When choosing which type you prefer, you’ll need to take into account the ongoing cost of running the hot water system in addition to the original purchase price. In general, electricity tends to be more costly than gas, so an electric water heater will likely end up costing you more on your energy bill each month. If you choose to go with an instant hot water system, also called a tankless system, you may be able to save a bit on energy, as the water will only need to be heated when you are actually using it, rather than maintaining the heat level of a large tank.
Size of System
The broad spectrum of prices for both gas and electric hot water systems is due largely to the varying sizes of the hot water tanks within the systems. Obviously, larger tanks will cost more money. However, with a larger tank, you’ll have less risk of running out of hot water when you need it most.
Delivery and Installation Charges
The amount that you’ll pay for delivery and installation is largely up to the company that you choose for your hot water needs, with some charging more than others for the same level of service. You may wish to contact several organisations for price quotes so that you know you are getting a good rate.
The complexity of your job will also play a role in the costs involved. For example, if you are replacing an older water heater with a new one of the same type, your installation costs will be much lower than for someone who is switching from electric to gas, or vice versa. The size of your system also has an effect here, as heavier machines may require additional technicians to help with the moving and installation process.
Accessibility is not a concern in all cases but can add significantly to the labour charges on your bill if your property does not have easy access. For example, if you live on the fifth floor of an apartment building that does not have lifts, the technicians will have to move your hot water system up five flights of stairs to reach your unit. This added effort is likely to result in additional charges. Similarly, if your water heater needs to be hoisted through an upper window using a crane, you’ll bear the brunt of the cost for that service. If on the other hand, your system is being installed in an empty garage on the ground level, your labour rate will be much lower.
Removal of Old System
Some hot water system installers will tack on an extra charge for removing your old water heater, while others will not. Check with your service provider of choice before you hire them to see whether or not they charge for removing your old system after they have installed your new one. You may be able to negotiate to have this charge removed from your bill if you sign up for ongoing hot water system maintenance or make a purchase above a certain amount. It never hurts to ask, so don’t be afraid to haggle.
High-Quality Hot Water Systems at Affordable Prices
Here at Fluid Plumbing Services, we work hard to keep our hot water system prices as affordable as possible without sacrificing on quality. We work with some of the top brands in the industry, so you can rest assured that you are getting a top-notch hot water system. We offer both gas and electric models, so you can choose the most appropriate system to meet your needs, preferences and budget.
Our expert technicians will come out to your location to get your system installed and can assist with the ongoing maintenance of that system as well. With regular service, your hot water system can continue to function at its optimal level for many years to come. Get in touch with us today to learn more about the hot water systems we have on offer. We’ll be happy to answer all of your questions and help you choose your new hot water system.