Electric Water Heater
After the rule change
Total Estimated Cost
$6,000 –
$9,500+
$9,500+
What may add cost to an electric water heater installation
Electrical Panel Upgrade
A larger panel may be needed to support a high-amperage electric water heater.
$1,500 – $3,000+
New 240V Electrical Line
A dedicated circuit may need to be run from the panel to the water heater location.
$800 – $2,000+
Wall & Drywall Repair
Running new electrical may require wall access, patching, texture, and paint.
$300 – $800+
Permits & Inspections
Electrical permits, inspections, and related fees may be required.
$300 – $700+
Electric / Heat Pump Water Heater Unit
The replacement unit itself may cost more than a standard gas storage tank unit.
$1,500 – $3,000+
Additional Costs That Add Up
Upgrades, unexpected issues, labor, materials, and contractor markups can increase the final cost.
$600 – $1,000+
Gas Water Heater
Before the rule change
Total Estimated Cost
$2,000 –
$3,000
$3,000
