A reliable water heater is essential for every household, and choosing the right one impacts comfort, energy usage, and long-term home efficiency. Home Depot has become one of the most trusted retailers in the U.S. and Canada for water heaters due to its broad selection, professional installation programs, financing options, and extensive brand lineup.

This comprehensive guide covers everything you need to know when choosing a water heater from Home Depot, whether you’re replacing an outdated unit, upgrading to tankless, or installing a high-efficiency hybrid system.

Types of Water Heaters at Home Depot

Home Depot offers four main water heater categories:

1. Tank Water Heaters


2. Tankless Water Heaters


3. Hybrid (Heat Pump) Water Heaters


4. Point-of-Use Water Heaters

Each option has advantages depending on household size, usage patterns, and energy preferences.

1. Tank Water Heaters

Tank-style water heaters are the most common in North American homes.

Home Depot sells electric, natural gas, and propane models ranging from 30 to 80 gallons.

Pros:

• Lower upfront cost


• Easy replacement


• Ideal for average households


• Wide availability

Cons:

• Standby heat loss


• Higher long-term energy consumption

Brands include Rheem, A.O. Smith, Richmond, and GE.

2. Tankless Water Heaters

Tankless (on-demand) systems have grown popular due to their efficiency and endless hot water supply.

Benefits:

• Hot water on demand


• Lower utility bills


• Compact design


• Can last over 20 years


• Ideal for energy-efficient homes

Tankless models are available in electric, natural gas, and propane configurations.

Popular brands:

• Rinnai


• Rheem Performance Platinum


• EcoSmart


• Noritz

Tankless is a great option for modern U.S. and Canadian homes aiming for long-term savings.

3. Hybrid (Heat Pump) Water Heaters

Hybrid water heaters combine electric heating with heat pump technology.

Why they’re a top choice:

• Up to 70% more efficient than standard electric tanks


• Rebates often available in the U.S. and Canada


• Ideal for warm or moderate climates


• Excellent for reducing long-term costs

Though more expensive upfront, they pay for themselves quickly through energy savings.

4. Point-of-Use Water Heaters

These smaller units are perfect for:

• Garages


• Basements


• Workshops


• Tiny homes


• Remote sinks

They eliminate the wait time for hot water.

Water Heater Sizing Guide

Choosing the right size is crucial.

Tank heaters:

• 1–2 people: 30–40 gallons


• 3–4 people: 40–50 gallons


• 5+ people: 50–80 gallons

Tankless:

Size depends on flow rate and temperature rise. Home Depot’s product pages include calculators that help determine this.

Fuel Types

Home Depot carries water heaters in the following fuel types:

• Electric (most common and easiest installation)


• Natural Gas (fast recovery, efficient)


• Propane (common in rural U.S. and Canada)

Homeowners should check local energy costs to determine the best option.

Installation Services

Home Depot offers professional water heater installation in both the U.S. and Canada.

Services include:

• Removal of old unit


• Delivery of new system


• Installation and testing


• Haul-away


• Permits (if needed)

For tank replacements, installation often takes just a few hours.

Tankless systems require additional venting and electrical considerations but offer long-term benefits.

Cost Expectations

Water heater pricing varies:

• Electric tank: $350–$900


• Gas tank: $500–$1,200


• Tankless gas: $1,000–$3,000


• Electric tankless: $300–$700


• Hybrid heat pump: $1,400–$2,500

Installation typically costs:

• Tank: $400–$900


• Tankless: $1,200–$3,000


• Hybrid: $600–$1,200

Seasonal promotions and energy rebates help offset costs.

Energy Efficiency Features

Many Home Depot water heaters include:

• Smart Wi-Fi control


• Leak detection technology


• Vacation modes


• ENERGY STAR certification


• Eco modes


• Anti-scale devices

Why Home Depot Is a Top Choice

• Broad selection of trusted brands


• Installation services


• Financing through project loans


• U.S. and Canadian availability


• Helpful water heater size calculators


• Frequent promotions

Whether replacing a failing system or upgrading to tankless, Home Depot offers solutions for every household.

Shopping Links:

U.S.: https://www.homedepot.com/b/Water-Heaters

Canada: https://www.homedepot.ca/en/home/categories/bathroom/water-heaters.html