
Pricing: Hot Water Tanks
We offer standard replacement options for electric hot water tanks:
- 40-Gallon Rheem Electric Hot Water Tank: $1,400 for standard installation.
- 60-Gallon Rheem Electric Hot Water Tank: $1,600 for standard installation.
Looking to upgrade to an on-demand system? We can offer a 10% discount on the installation of a new Navien or Rinnai on-demand hot water system.
Save Money with Rebates
If you’re planning to upgrade your home, did you know that you can get rebates to help off-set the cost? Fortis BC will reimburse part of your cost for water heaters, thermostats and more.
This way, not only do you save money on your new equipment, but you’ll also save money in the long run as these are more energy-efficient and make your home more environmentally friendly.
For example:
- High-efficiency heat pump water heater – save up to $1000
- Natural gas water heater rebates – save up to $3000
- Smart thermostats – save up to $80
Until January, 2025, Connect to natural gas and qualify for rebates of up to $3,000!

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