Your water heater is one appliance that you probably don't give much thought to until it breaks. The average water tank-type water heater lasts between 8 and 12 years. Tankless models have a little more longevity and last around 20 years and sometimes even longer. If your water heater is often in need of repair or getting close to the end of its average lifespan, it may be time to look into replacement. If you're thinking water heater installation, here are three things that you should know.

The Types Of Water Heater

If you are looking to install a new water heater, the first thing that you should be aware of is that there are different types of water heaters to choose from. Tank-type water heaters use an insulated tank to store heated water in until it is needed. Tankless water heaters heat the water on demand. If you do not use a lot of hot water at once or if your home has a natural gas connection, a tankless heater may be the right choice. Those who need a lot of hot water at one time may want to consider a tank-type water heater. Other types of water heaters include hybrid water heaters, solar water heaters, and condensing water heaters.

Cost

Another thing to consider when looking into water heater installation is the overall cost. The average cost with installation of a tank-type water heater is $889, while a tankless water heater costs on average $3,000. While tank-type water heaters are less expensive, they have shorter lifespans. Tankless water heaters are often the more energy efficient option and can save you around 25 percent on your water heating costs. When choosing a water heater, it's important to weigh the installation costs as well as potential savings in terms of your energy bill.

Maintenance

One of the biggest mistakes that homeowners make when it comes to their water heaters is not properly maintaining them. Drain cleaning three or four times a year can help keep your water heater in good shape and extend its lifespan. Having your water heater completely flushed by a professional costs on average between $80 and $100. Regular inspections and maintenance will extend the life of your new water heater and ensure that you will not need to replace it for years to come.

If you are considering replacing your home's water heater, there are a few things that you should know. There are different types of water heaters to choose from and costs can vary. Tankless water heaters tend to be more expensive than tank-type water heaters. Maintenance is also a must and can extend the life of your new water heater.