The storage tank water heater is the most common type, and it’s probably what you picture when you think of a water heater. Depending on what’s available in your area, you can get one heated by natural gas, propane or electricity. You also have a wide range of capacity options, from 20 to 80 gallons (76 to 303 litres).. Water Heater Average Price Range. On average, a storage tank water heater tends to cost around $1,000 – $1,300 including installation, but this depends on where in the country you live, what manufacturer and what tier of unit you decide to go for. Tankless water heaters, on the other hand, tend to be more expensive.
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Consumer Reports members can also view our heat pump ratings for the most reliable brands of ducted heat pumps and the brands with the highest owner satisfaction. Our ratings include 24 brands and.. The smartest, quietest and most efficient hybrid water heater on earth features a heat pump design making it 4x more efficient than standard electric water heaters. Smart Rheem 50 Gallon Hybrid Electric Water Heaters feature integrated Wi-Fi connectivity for important mobile alerts, like Water Leak Detection for potential added savings. Plus, it’s a great value with a 10-year warranty and 1.