Lowe’s is a one-stop shop for homeowners who need to install a new electric water heater.
Lowes electric water heaters are from reputable brands like A.O. Smith, Bosch, and MAREY, guaranteeing customers high-quality products.
Purchasing a new Lowes electric hot water heater can be a good financial investment.
Average Cost Of A Lowes Electric Water Heater
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The average cost of installing a Lowe’s electric water heater depends on various factors, including the type and size of the tank, the installation rates in your area, and the required amount of work.
Lowe’s electric water heaters range from $149 to $2,800.
The average labor cost, installation materials, inspections, delivery fees, permits, and other miscellaneous expenses range between $575 and $775.
Based on the above estimates, the total cost of purchasing and installing an electric water heater through Lowe’s ranges from $724 to $3,575.
| Lowe’s Electric Water Heater | Cost |
|---|---|
| Cost of the Electric Water Heater | $149-$2,800 |
| White Piping | $200 |
| Delivery Fee | $75 |
| Removing and Disposing the Old Tank | $50 |
| Labor to Install | $250-$450 |
| Average Total Cost | $724-$3,575 |
Pro Tip: When planning an electric water heater installation project, add 10% to 15% to the final budget to protect yourself against price fluctuations and market changes.
Lowes Electric Water Heater Cost Breakdown
The following are price ranges of electric water heaters available at Lowe’s by tank size:
| Lowe’s Electric Water Heater by Tank Size | Cost |
|---|---|
| 30 Gallon | $419-$519 |
| 40 Gallon | $409-$850 |
| 50 Gallon | $519-$2000 |
| 60 Gallon | $609-$1950 |
| 80 Gallon | $2,700-$2,800 |
| Tankless | $149-$2,300 |
Lowe’s 40 Gallon Electric Water Heater
A 40-gallon electric water heater at Lowe’s has a price range of between $409 and $850.
This size of water heater is typically enough to provide hot water for a household of two to four people daily.
Lowe’s 50 Gallon Electric Water Heater
A 50-gallon electric water heater from Lowe’s costs between $519 and $2,000 .
This tank size can supply hot water to a family of four to five people. It can support more individuals if it has a quick recovery time.
Lowe’s 60 Gallon Electric Water Heater
A 60-gallon electric water heater from Lowe’s costs between $609 and $1,950. This tank size can reliably supply water to a family of five to six people.
Lowe’s 80 Gallon Electric Water Heater
The cost of an 80-gallon electric water heater from Lowe’s ranges between $2,700 and $2,800.
This tank size can conveniently serve a family of seven people or more if it has a quicker recovery time. ‘
Lowe’s 30 Gallon Electric Water Heater
We list this one last, because it is the LEAST popular size. Unless you live alone and rarely take showers, we don’t recommend installing a 30-gallon water heater.
The cost of a 30-gallon electric water heater from Lowe’s can be anywhere from $419 to $519.
This tank size can provide hot water for one to two people daily.
Lowe’s Tankless Electric Water Heater
Tankless water heaters, also known as on-demand water heaters, heat water as needed rather than store hot water in a tank.
They are more energy-efficient, durable, and take up less space than traditional water heaters.
The cost of purchasing a tankless electric water heater from Lowe’s ranges between $149 and $2,300.
Did you know? Purchasing a water heater through big box retailers like Lowe’s or Home Depot is 10% cheaper than purchasing it through an independent licensed contractor.
Does Lowe’s Install Electric Water Heaters?
Yes, Lowe’s offers installation services for tankless and tank-type electric water heaters.
However, they do so through local independent third-party installers.
When a buyer requires installation services from the company, they can request the service through Lowe’s website.
If the service is available in the area, Lowe’s will link them with an installer in their area and then schedule an in-home or virtual consultation.
The installer will examine the project requirements and schedule an installation date once the customer has approved the price quote.
Additionally, all installation projects are backed by a one-year labor warranty, giving homeowners extra peace of mind that they are receiving high-quality service that can be backed up in case anything goes wrong.
How Much Does Lowes Charge To Install An Electric Water Heater?
The cost of installing an electric water heater through Lowe’s varies depending on various factors, including the type and size of the tank, the contractor’s rates, the hourly rate of contractor wages in the area, and whether there are any active promotions.
There can also be additional costs, such as delivery fees, inspection fees, and acquiring permits.
Typically, the average cost of installing an electric water heater ranges between $250 and $450, which accounts for basic installation only.
In addition to the basic installation cost, you will incur additional expenses, such as $200 for white piping, $75 for delivery fees, and $50 for hauling and disposing of the old tank.
Based on these estimates, the total cost of installing a new electric water heater through Lowe’s can range between $575 and $775.
It is important to note that the cost of installing an electric water heater through Lowe’s can vary significantly from one project to another.
Therefore, the only way to obtain an accurate cost estimate is to schedule an in-home consultation with the company and request a customized quote.
Pro Tip: Hiring a direct contractor to install your new electric water heater is much cheaper than going through Lowe’s. That’s why it’s best to get price quotes from both Lowe’s and direct contractors. If the price quote you get from Lowe’s is significantly higher than that from a direct contractor, then feel free to go with the latter if your budget is a concern.
Electric Water Heaters Under $300
While finding a high-quality electric water heater that falls under the $300 price range may be challenging, it’s not entirely impossible.
With some diligent searching, you can find some decent options that fit within your budget.
Some of the best electric water heaters under $300 at Lowe’s include:
Eccotemp Em-2.5 Mini Tank Point-of-Use Electric Water Heater
This mini water heater has a capacity size of 2.5 gallons and comes with a five-year warranty.
It is rated at 1,440 watts and comes with only one heating element.
It has a recovery time of 10 to 20 minutes and is ETL-certified for use in residential homes across Canada and the United States.
A.O. Smith Signature 100 Point-of-Use Electric Water Heater
This point-of-use electric water heater is another excellent choice for homeowners who are looking for a mini electric water heater for small-capacity needs.
It has a capacity of 2.5 gallons and a six-year limited warranty.
It is rated at 1,440 watts and comes with one heating element.
Eccotemp SmartHome Mini Tank Electric Water Heater
This compact point-of-use smart electric water heater is an excellent option for those with small-capacity needs.
It has a 4-gallon capacity and is designed for wall mounting, making it ideal for small spaces.
It is rated at 1,440 watts and equipped with a single heating element.
It also comes with a five-year limited warranty and has a recovery time of 10 to 20 minutes.
But what sets this electric water heater apart is its smart features.
It boasts an array of advanced diagnostics, live usage statistics displays, voice command capability, smart button technology, etc.
So if you’re looking for a compact, high-tech electric water heater, this model is worth considering.
Lowes Electric Water Heater Reviews
Lowe’s sells various models of electric water heaters from different brands. Therefore, reviews vary slightly from one model to another.
But overall, their most popular product line, A.O Smith Signature 100, has received positive customer feedback.
Most of these models have an average star rating of 4.4 out of 5.
Some of the good things customers say about this product line include its better quality, useful product features, affordable pricing, and reliable hot water supply.
On the other hand, some of the things customers dislike about this product line include corrosion, leakage, and bad smell.
The above reviews apply to most of the water heaters listed on Lowe’s but are inconclusive.
As the consumer, you’ll do well to read the reviews of the specific model you want to purchase before making the order.
Fortunately, Lowe’s strives to only list high-quality products that meet the requirements of most customers.
What Brand Of Electric Water Heater Is The Most Reliable?
Rheem is one of the most reliable brands for electric water heaters.
The company, founded in America in 1925, has extensive experience in the field and has built a reputation for crafting high-quality products.
They offer a range of electric water heaters for both commercial and residential use, as well as boilers and HVAC equipment.
Sustainability is a key focus for the company, and they promote their commitment to efficiency, innovation, and eco-friendly leadership through their catchphrase “A Greater Degree of Good.”
Water heaters from Rheem come in a variety of styles, including tankless and tank-style units.
It is known for offering some of the best-rated water heaters on the market, and below are some of its top products:
- Rheem Performance 36,000 BTU Natural Gas Water Heater
- Rheem Performance Hybrid High-Efficiency Smart Tank Electric Water Heater
- Rheem Performance 11kW Self-Modulating 2.15 GPM Tankless Electric Water Heater
Which Is Better, Rheem Or A.O Smith?
Rheem and A.O. Smith are the two most popular water heater brands in the United States.
They specialize in manufacturing gas and electric water heaters.
There are many differences between these two companies ranging from cost accessibility, product range, and availability.
Below is a detailed look at each of these brands to help you decide which is best for your specific needs.
Rheem
Rheem is known for offering a wide variety of water heaters, with approximately 42 different models, most of which have a 50-gallon capacity.
Upon purchasing a Rheem water heater, you will receive a six-year warranty.
The available gas models come with a safety feature to detect flammable vapors.
The company offers electric water heaters available in both tank and tankless options.
The tankless electric models provided by Rheem are easy to install, highly efficient, and come in 10 different styles.
Additionally, some Rheem water heaters feature smart technology, including a digital display for temperature control and a mobile app for monitoring the appliance and water levels and detecting leaks remotely.
They are user-friendly, allowing you to schedule heating times and adjust hot water production to match demand.
The Away mode feature enables you to schedule the water heater to turn off when you leave home for an extended period and turn it on remotely via the mobile app before returning home.
Rheem water heaters are widely available nationwide and come in solar options.
Unfortunately, they are generally more expensive compared to A.O. Smith models.
A.O. Smith
A.O. Smith offers a wide range of natural gas water heaters, including affordable propane models.
With about 208 options in the ProLine series and 58 in the Signature series, customers have plenty to choose from.
The Signature series tanks come in sizes ranging from 30 to 50 gallons, while the ProLine series offers tanks with a first-hour rating of up to 124 gallons.
Some A.O. Smith water heaters even come with warranties lasting up to 12 years.
A.O. Smith water heaters are known for their low emissions.
The tankless options feature anti-scale technology, ensuring that the tanks do not accumulate scale over the years, eliminating the need for washing.
These models meet federal government minimum energy standards and often exceed them, making them a great choice for environmentally-conscious consumers.
Overall, Rheem water heaters offer many features compared to A.O. Smith water heaters.
But the choice between the two depends on your preferences and specific needs.
Are Lowe’s Water Heaters Good?
There are many factors to consider when deciding if a Lowe’s water heater is a good option for you.
Firstly, Lowe’s carries water heaters from reputable brands such as A.O Smith, which are known for producing high-quality products.
All units on the platform have an efficiency rating of at least 80%, but there are a few options with a rating of up to 98%.
In fact, some of their water heaters, such as the Rheem XG50T12DU38U2, were rated “very good” by Forbes.
So, in terms of performance, you can rest assured that you will find an energy-efficient unit there.
Another advantage of purchasing a water heater through Lowe’s is the initial cost.
Water heaters from big box retailers such as Lowe’s and Home Depot are 10% cheaper compared to those purchased through contractors.
This discounted price is attributed to the fact that the models offered through these retailers are consumer-grade and not contractor-grade.
That means they are built to the minimum possible requirements and have fewer features.
Contractor-grade water heaters, on the other hand, are built to the maximum possible specifications, boast a wide array of features, and come with accessories that work collectively to increase the unit’s lifespan and efficiency.
Therefore, a homeowner who purchases a water heater through a contractor is likely to get a higher return on investment compared to one who buys it through a retailer like Lowe’s.
Another downside to purchasing a water heater through Lowe’s is the warranty.
The models sold through Lowe’s come with a one-year warranty, which is significantly less compared to contractor-grade models that come with a warranty of up to six years.
One upside of purchasing a water heater through Lowe’s is access to financing options.
Lowe’s offers customers a variety of financing options when purchasing a water heater, which can be an upside for those who may not be able to pay entirely for a new unit upfront.
These financing options include special financing promotions or credit card offers with low or 0% interest rates for a certain period. This spreads the cost of the water heater over a longer period to make payments more manageable.
As you can see, there is no single answer to whether Lowe’s electric heaters are a good choice for a home.
The final answer depends on the financial situation and needs of the buyer.
Is Purchasing An Electric Water Heater A Good Investment?
Lowe’s is a viable option for homeowners who want to install new electric water heaters.
The store carries high-quality models from reputable brands like A.O. Smith.
Additionally, they provide installation services for their customers through third-party local independent contractors, making them convenient for customers who can’t find licensed local contractors in their area.
They also offer flexible financing options for homeowners who would prefer to spread the payments for the heater out over time.
For this reason, we recommend buying a Lowe’s electric water heater if you’re working on a tight budget and want to reduce the upfront cost or need access to their financing options.
Unfortunately, the models offered at Lowe’s are consumer-grade and not contractor-grade. This means they are built to lower specifications and have fewer features compared to professional, contractor-grade models, which are only sold through licensed plumbing contractors.
Contractor-grade models are built with high-quality materials and come with extra accessories that generally increase their efficiency and lifespan. C
ontractor-grade models also have longer warranties, giving you that well-deserved peace of mind.
If budget is not a concern for you, buying the heater through a licensed plumbing contractor would be the best choice.
You will get a high-quality and energy-efficient product, professional installation, and access to a longer warranty.
