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If you've noticed your showers becoming shorter and shorter due to a lack of hot water, it's likely you've asked yourself how much it costs to install a new water heater and what factors influence that price?
Installation of a water heater varies from place to place and product to product. One can never put an exact prive for isntallation of a water heater in any location. But you can get a general idea of how much it may cost you. Furthermore, always make sure to hire a professional to do the installation. There are various variable that are involved in installation and may cause harm if not done correctly. On electric water heater installations, you’re dealing with 240 volts of electricity, on a gas water heater, if a gas leaks occurs and it’s not corrected, it could result in catastrophic damage to the house or its occupants. There is always something involved with a water heaters that cna hurt you if not done correctly.

Lets try and make scenario that will give you an idea of what will go into installation of a water heater.
Heater: $315, water shut off $6.50, water flex lines or unions to code $20, gas flex line and cut off to code $12, misc fittings $15, Total $368.50 Lets add a 35% profit which is some what low for a business $129, Total 497.50
This doesnt include permits, pan and drain or any venting issues. The vent must go from the heater to the outside of roof using double wall vent. Cost of permit on average $80. Most plumbing companies allow for 3 hours of time for a water heater. This includes picking the new one up. Delivering out to house. Draining and removing old water heater. Hauling off old heater.  Installing new heater up to code. Going down to city and pulling permit.
Average Labor charges for heater installs $500. That would make this install run without extras on any code issues $977.50.
This is just an example situation which would give a good idea of what it would cost to install a new water heater.