The cost of a 40 gallon standard runs about $1700 and a 50 gallon costs about $1900. These prices are as of January 2022 there have been many cost increases so please check with our office when booking the appointment.

Tankless water heaters heat water as needed, rather than having a standard water heater have 50 gallons of water being heated 24 hours of the day. Tankless saves energy and your house will have unlimited hot water. The cost of a tankless water heater is around $4,000. The price can vary based on gas-lines required or upgrades needed.

Hot water tanks last 10-15 years on average now a days. The inside of the tank is difficult to see inside to truly know when a tank will leak which can potentially cause a flood. With the cost of finished basements now a days, many insurance companies like to see the hot water tank replaced every 10 years regardless of its current condition. Considering Furnace Family can install a 40 or 50 gallon tank for 1699/1799 plus GST, this is a much cheaper option than risking thousands in flood damage or insurance premiums going up.