01-25-2016, 08:43 PM
Our 10-year-old hot water heater (gas A. O. Smith Promax 50 gallon) sprang a leak last night, and had to be replaced—just one month after the 10-year warranty expired! :turbo:
In 2005 we paid $550 for that heater, including installation and disposal. I called the same plumber, and his price was now $1,650, for the current version of the same heater, installed, with 10-year warranty (they go for about $700 on Amazon, so the rest is for labor, parts, disposal, and permit). That's over 300% inflation, or 30% a year.
I called another plumber we have used, and his price was $1,395, or about 250% increase over the 2005 price. Saved me a few bucks, so I went with him.
But I am appalled. This isn't 30 or 40 years; it's only 10!
/Mr Lynn
In 2005 we paid $550 for that heater, including installation and disposal. I called the same plumber, and his price was now $1,650, for the current version of the same heater, installed, with 10-year warranty (they go for about $700 on Amazon, so the rest is for labor, parts, disposal, and permit). That's over 300% inflation, or 30% a year.
I called another plumber we have used, and his price was $1,395, or about 250% increase over the 2005 price. Saved me a few bucks, so I went with him.
But I am appalled. This isn't 30 or 40 years; it's only 10!
/Mr Lynn