Solar water heaters and units that can use a dual exchange system to run on gas or electricity as a backup can have the highest efficiencies and costs. Water heaters powered by gas or propane are available in many efficiencies, making them less expensive to run but increasing their initial cost.
These tank-style heaters can be powered by electricity, gas, propane, or solar energy. 50-Gallon Water Heater Cost Calculatorĥ0-gallon water heaters are designed for households of 3 to 5 people with moderate hot water needs. The high cost is $6,500 for replacing a basic water heater with a 50-gallon solar water heater with gas backup, fully installed with roof panels and an indoor tank. This project’s low cost is $970 for a 50-gallon electric water heater replacement in an open-and-easily accessible area. The national average cost to replace a 50-gallon water heater is $1,400 to $3,100, with most people paying $2,250 for a direct replacement of a 50-gallon gas water heater with a standard energy-efficiency factor. This is due to several issues, including supply chain breakdown, rising part costs, and new HVAC regulations in 2023, causing suppliers and plumbers to raise rates. Over the last two years, water heater costs have risen 50% to 60% and are expected to continue rising a minimum of 12% in January of 2023, with the potential for higher costs. These heaters can be fueled by electricity, gas, liquid propane, or solar energy and installed in many areas. This heater size is ideal for 3-to-5 person households with moderate hot water needs. 50-gallon water heaters hold 50 gallons of hot water, dispensing it as needed. With a tank-style heater, you store water to be used as you need it. Water heaters come in many types and styles, with the tank-style heater being one of the most common and least expensive to install. They supply the hot water you need to bathe, cook, clean, and wash your clothes. Water heaters are integral parts of every home. Reviewed by Adam Graham remodeling expert.
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