You are currently viewing Find Your Water Heater Replacement Cost at Home Depot Today!

Find Your Water Heater Replacement Cost at Home Depot Today!

  • Post author:
  • Post last modified:August 26, 2023

When it comes to replacing your water heater, maximizing your budget is important. With energy costs on the rise and the need for comfortable and efficient hot water, finding the right water heater replacement cost is crucial. That’s where Home Depot comes in.

Home Depot offers a wide selection of water heaters, from traditional tank-style to tankless options, allowing you to find the right fit for your home and budget. Plus, with their expert installation services, you can trust that your new water heater will be installed properly and efficiently.

Key Takeaways

  • Finding the right water heater replacement cost is essential for maximizing your budget and ensuring comfort and efficiency.
  • Home Depot offers a range of water heaters, from traditional to tankless options, to fit your needs and budget.
  • Trust Home Depot’s expert installation services for a hassle-free experience.

Factors Affecting the Cost of Water Heater Replacement

When it comes to replacing a water heater, the costs can vary depending on several factors. The average cost of water heater replacement can range from a few hundred to several thousand dollars, depending on the type of water heater, size, and energy efficiency. It’s essential to get a water heater replacement cost estimate before making any decisions to ensure you can budget accordingly.

Type of Water Heater

The type of water heater you choose is one of the most significant factors affecting the cost of replacement. Traditional tank-style water heaters are generally less expensive than tankless water heaters, which can save you money upfront. However, tankless water heaters are generally more energy-efficient, which may lead to long-term savings on utility bills.


The size of the water heater also affects the cost of replacement. A larger water heater will cost more than a smaller one. It’s essential to choose a water heater that meets your household’s needs, so you don’t end up paying for a tank that’s larger than necessary.

Energy Efficiency

Energy-efficient water heaters can be more expensive upfront but may save you money in the long run on utility bills. Look for a water heater with a high energy factor (EF) rating, which measures the water heater’s efficiency.

Additional Installation Requirements

The cost of installation can also add to the total cost of water heater replacement. If additional installation requirements, such as piping or electrical work, are necessary, they will increase the cost of the replacement. It’s essential to factor in installation costs when budgeting for a new water heater.

By considering these factors when researching your water heater replacement options, you can make an informed decision that fits your budget and meets your household’s needs.

average cost of water heater replacement

Exploring Home Depot’s water heater selection

Home Depot offers a wide variety of water heaters to fit any budget and need. Their selection includes traditional tank-style water heaters, as well as tankless options. The prices of Home Depot’s water heaters range from affordable to high-end, depending on the features and specifications of the unit.

If you’re looking for a budget-friendly option, Home Depot carries a range of water heaters priced under $500. These mid-range models come in various sizes and are typically powered by natural gas or electricity. For those willing to pay a premium for added features and energy efficiency, high-end models can cost upwards of $1,000.

One popular option offered by Home Depot is the Rheem Performance Platinum 50 Gal. Electric Water Heater. Priced at $637, this unit comes with a 12-year warranty and ENERGY STAR certification for high efficiency. Alternatively, the Rheem Performance Plus 40 Gal. Gas Water Heater is priced at $549 and features a 9-year warranty and 40,000 BTU power output.

For those considering a tankless option, Home Depot offers the Rheem Performance Platinum 9.5 GPM Natural Gas High Efficiency Indoor Tankless Water Heater at $1,199. This unit offers ENERGY STAR certification, a 12-year warranty, and is capable of supplying continuous hot water for up to three showers simultaneously.

Whatever your needs or budget, Home Depot’s water heater selection has got you covered with a range of prices and options.

home depot water heater prices

Home Depot water heater installation services

If you’re considering replacing your water heater, you may be thinking about installing it on your own to save money. While DIY installation is a viable option for some, it’s important to consider the potential risks and challenges involved. That’s where Home Depot’s water heater installation services come in.

At Home Depot, our installation services are designed to provide you with a hassle-free experience. Our team of experts will handle everything from removing your old water heater to installing your new one and disposing of the old unit.

When you choose Home Depot for your water heater installation, you can rest assured that the job will be done right. We’ll make sure your new water heater is installed properly and safely, so you can enjoy reliable hot water for years to come.

In addition to the convenience and expertise we offer, our installation services are also affordable. We strive to provide competitive prices and upfront estimates, so you can make an informed decision about your water heater replacement.

home depot water heater installation

At Home Depot, we understand that choosing the right water heater and installation services can be overwhelming. That’s why we’re here to help every step of the way. Contact us today to learn more about our water heater installation services.

The Cost of Replacing a Water Heater

If you’re considering replacing your water heater, it’s important to understand the costs associated with the process. The total cost will depend on several factors, including the type and size of the unit you choose, as well as the installation fees and any additional materials or permits required.

Type and Size of Water Heater

The type of water heater you choose will have a significant impact on the cost of replacement. Traditional tank-style water heaters tend to be less expensive upfront, with prices typically ranging from $300 to $900. However, tankless water heaters can be more expensive, with prices ranging from $500 to $2,500. Additionally, the size of the unit will also affect the cost, with larger units generally costing more than smaller ones.

Installation Fees and Additional Costs

In addition to the cost of the unit itself, there are also installation fees to consider. While some homeowners may choose to install the water heater themselves, it’s often recommended to hire a professional to ensure a safe and efficient installation. Installation fees can range from $500 to $1,500, depending on the complexity of the installation and any necessary modifications to your home’s plumbing or electrical systems. Other additional costs may include permits and disposal fees for the old water heater.

It’s important to budget for the total cost of replacing your water heater to avoid any unexpected expenses. Home Depot offers a wide range of water heaters at varying price points, as well as professional installation services to make the process as seamless as possible.

cost to replace water heater

Maximizing your budget for water heater replacement

Replacing a water heater can be an unexpected expense, but it doesn’t have to drain your bank account. With some careful planning and research, you can find an affordable water heater replacement that meets your needs. Here are some tips for maximizing your budget:

  • Compare prices: Home Depot offers a range of water heaters at different price points. Take the time to compare prices and features to find the best value for your budget.
  • Consider energy efficiency: While a more energy-efficient water heater may have a higher upfront cost, it can save you money in the long run by reducing your energy bills. Look for ENERGY STAR certified models to ensure maximum efficiency.
  • Take advantage of promotions: Home Depot often runs promotions and discounts on water heaters. Keep an eye out for these deals to save even more money.
  • Plan for installation costs: In addition to the cost of the water heater itself, you will also need to factor in installation fees. While DIY installation may seem like a cost-saving option, a professional installation can ensure the job is done safely and efficiently, saving you money on future repairs.

By following these tips, you can find an affordable water heater replacement that will provide comfort and efficiency for years to come.

affordable water heater replacement

Importance of energy efficiency in water heaters

When considering a water heater replacement service, it’s important to keep in mind the long-term energy efficiency of the unit. Not only does an energy-efficient water heater lower your monthly utility bills, but it also reduces your carbon footprint and contributes to a more sustainable environment.

At Home Depot, we offer a range of energy-efficient water heaters that meet Energy Star standards, ensuring maximum efficiency and performance. These units are designed to reduce standby heat loss, which is the energy lost when the water heater is not in use.

Switching to an energy-efficient water heater is an investment that pays off in the long run. By choosing a water heater with a higher energy factor (EF) rating, you can save hundreds of dollars per year on utility bills. Plus, many states offer rebates or tax credits for homeowners who upgrade to energy-efficient appliances.

energy-efficient water heater

Investing in an energy-efficient water heater is not only good for your wallet, but also good for the planet. By reducing your energy consumption, you’re helping to create a more sustainable future for us all.

Common Signs That Your Water Heater Needs Replacement

As a homeowner, it’s important to be aware of the signs that your water heater may need replacement. If you ignore these warning signs, you could be facing a higher water heater replacement cost down the line or even damage to your property.

One of the most common signs that your water heater needs replacement is age. Most water heaters have a lifespan of around 8-12 years, so if your unit is approaching or exceeding this age range, it’s likely time for a replacement.

Another sign that your water heater needs replacement is leaks. If you notice water pooling around the base of your water heater or rust-colored water coming from your faucets, this could indicate a leak that requires immediate attention.

Inconsistent temperature is another warning sign that your water heater may need replacement. If your water heater is struggling to maintain a consistent temperature or you’re running out of hot water more quickly than usual, it may be time for a new unit.

Finally, unusual noises coming from your water heater can also indicate a problem. If you hear popping, cracking, or banging sounds, this could be a sign of sediment buildup or other issues that require professional attention.

If you notice any of these warning signs, it’s important to address them promptly to avoid more extensive damage and higher water heater replacement costs. At Home Depot, we offer a range of water heater replacement options and installation services to meet your needs and budget. Don’t hesitate to reach out to us for assistance.

water heater replacement cost home depot

DIY vs. Professional Water Heater Replacement

When it comes to replacing your water heater, you may be wondering whether to tackle the project yourself or hire a professional. Each option has its own set of benefits and drawbacks, so it’s important to carefully weigh your options before making a decision.

DIY Water Heater Replacement

Pros Cons
  • Potential cost savings
  • Greater control over the timeline and process
  • Opportunity to develop new skills
  • Increased risk of errors and mistakes
  • Potential for injury or damage to the unit
  • May not be covered by warranty if self-installed

While DIY water heater replacement may seem like a great way to save money, it’s important to consider the risks involved. If you don’t have experience with plumbing or electrical work, attempting to install a new water heater may lead to costly mistakes and even injury. Additionally, if you choose to self-install, you may void the warranty on the unit, leaving you responsible for any future repairs or replacements.

Professional Water Heater Replacement

Pros Cons
  • Expertise and experience of trained professionals
  • Assurance of proper installation and functionality
  • Potential safety and warranty benefits
  • Higher upfront cost
  • Less control over the timeline and process
  • May require scheduling and coordination with service provider

Hiring a professional water heater installation service, such as Home Depot’s, offers many advantages including professional expertise and assurance of correct installation. Professionals have the knowledge and experience to handle any issues that may arise, and can provide you with a warranty and guarantees on their work. While the upfront cost may be higher, the peace of mind and long-term benefits are often worth it.

Ultimately, the decision between DIY and professional water heater replacement comes down to your personal preferences, skills, and budget. It’s important to carefully evaluate your options and choose the path that’s right for you.

water heater installation cost


In conclusion, finding the right water heater replacement cost at Home Depot is crucial for homeowners looking to maximize their budget while ensuring comfort and efficiency in their homes. By understanding the various factors that can influence the cost of water heater replacement, exploring Home Depot’s selection of water heaters, and taking advantage of their installation services, homeowners can enjoy a hassle-free experience and peace of mind.

When considering the cost of replacing a water heater, it’s important to factor in both the price of the unit itself and any installation fees or additional materials required. It’s also worth considering the long-term cost savings of choosing an energy-efficient water heater, as well as any available discounts or promotions.

If you’re unsure whether to tackle water heater replacement as a DIY project or hire a professional, it’s important to weigh the risks and challenges involved. While DIY may offer cost savings, a professional installation can help ensure safety and reliability. Home Depot’s installation services are a convenient and reliable option for homeowners looking for a stress-free experience.

In summary, whether you’re replacing a water heater due to age or signs of wear and tear, look no further than Home Depot for quality products and expert installation services. With a range of options to suit any budget and energy-efficient solutions available, there’s no need to compromise on comfort or efficiency. Visit Home Depot today to find your ideal water heater replacement cost.

Leave a Reply