Rheem Power Vent

Water heaters can consume up to 25% of your home’s energy use. That’s more than any other system aside from your furnace.

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.

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.

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.