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      • Water heater costs vary widely, typically ranging from $300 to $5,000, depending on the type, capacity, and energy efficiency of the unit. Traditional tank water heaters, one of the most common types, usually cost between $300 and $1,500, while tankless water heaters, known for their energy efficiency, can range from $1,000 to $3,000 or more.
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  2. The cost for a water heater includes standard installation, a warranty and all required licenses for installation. While you can sometimes find a water heater for less, be aware that lower prices often come with compromises in components, workmanship, warranty coverage and post-installation support.

  3. Jun 23, 2021 · How much does it cost to rent a water heater? Ontario homeowners often find that their hot water tank is rented from from Reliance Home Comfort or Enercare (previously Direct Energy) for $30 to $40 per month depending on the size of the tank.

  4. The average cost of renting a water heater in Ontario is anywhere from $16 - $60 per month or higher depending on the size of the tank and the service provider. If you’re still renting, compare your monthly water heater cost to the average water heater price when you purchase a tank outright.

  5. Sep 11, 2024 · The key to selecting the right water heater is understanding your household’s hot water demands and balancing that with energy efficiency and cost considerations. When choosing a water heater, it’s important to look beyond just the upfront cost.

  6. Sep 25, 2023 · Over the course of this water heater buying guide, you’ll learn about the fundamentals of a water heater, sizing considerations, the intricacies of energy efficiency, long-term cost analysis, and installation and maintenance tips from experts in the industry.

  7. Apr 10, 2019 · It’s no wonder water heaters represent 19.3% of total energy used in the average Canadian household. This makes water heaters the second highest energy consumer in the home behind only total home heating.

  8. Oct 30, 2020 · Everything you need to know about the hot water heaters before you buy, including prices, types, features, top brands, warranty coverage, and more.

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