What is the Average Cost of a Hot Water Heater? Average Hot Water Heater Price

Hot water heaters are quite energy effective and have a life of up to 13 years. The price of a water heater relies on many factors, primary among them being its capacity and type. Water heaters with or without tank and heat pump models are commonly available in the market. The average cost of a hot water heater is $150 to $3,500. However, solar water heaters cost about $5,000.

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