Gas water heater replacement cost
Gas units cost more than electric, and the install adds venting and a gas connection.
- 40 gallon
- $1,400–$1,900
- 50 gallon
- $1,600–$2,200
- 75 gallon
- $2,400–$3,200
Older Charlotte homes with atmospheric venting swap like-for-like. A change to a
power-vent unit adds $400–$900. Where Piedmont Natural Gas
serves the home, a gas-to-gas swap is the usual job.
Electric water heater replacement cost
No venting and no gas line, so electric tanks install for less.
- 40 gallon
- $1,250–$1,650
- 50 gallon
- $1,400–$1,850
- 75 gallon
- $2,000–$2,600
The usual choice where the house has no gas service. A home with no 240V circuit at
the heater needs one added, $300–$800.
Tankless water heater cost
The unit costs more, and a conversion needs new venting, often a larger gas line, or a dedicated circuit for an electric unit.
- Like-for-like swap
- $2,600–$4,200
- Tank-to-tankless conversion
- $3,000–$5,000
- New or upsized gas line
- +$400–$1,200
Rinnai, Navien, and Noritz are the brands quoted. Some conversions also need a larger
gas meter or regulator from Piedmont Natural Gas. The
tank vs. tankless guide runs the payback
math for a Charlotte home.
Hybrid (heat-pump) water heater cost
Pulls heat from the surrounding air and uses up to 70% less electricity than a standard electric tank.
- 50–65 gallon, installed
- $2,500–$4,200
- New 240V circuit
- +$300–$800
Needs a space with airflow (a garage, a utility room, or a closet with a louvered
door), a condensate drain, and for most models a 240V circuit. Duke Energy offers a
rebate on qualifying ENERGY STAR models. Check the current program before choosing one.