January 11, 2008, Newsletter Issue #64: Water Heater Prices

Tip of the Week

A water heater is an all-important purchase to your home. Most households use hot water on a daily basis, several times a day. Check out our scoop on water heater prices if you want to prepare your budget for an upcoming purchase.

Under $200 – You won’t be able to find as many water heaters in this category of water heater prices. There are some smaller model electric water heaters and a few lower capacity tankless models.

$200-400 – Gas water heaters start in this price range. You can find gas and electric water heaters in the common 40 and 50 gallon sizes. The tankless water heater models you’ll find still cater to use with one fixture, such as a sink.

$400-600 – Look for lower to entry-level water heaters in the gas category here. Features like longer warranties of 12 years and a self-cleaning mode are part of this price point. Many electric water heaters don’t cost much over the $400 to $600 range, but you can find the tankless water heater versions which will heat one major application at a time.

Over $600 – You’ll find some of the mid-level and higher end tankless gas heaters which can cut your annual utility costs in this category. Higher end electric models go in this category. The tankless models can replace some of your existing water heaters, providing heat for one to three major applications at once.

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