Time and Material (Hourly) Pricing:
Most companies charge from the time they leave one job to the time they finish yours. This includes drive time whether it be down the street or across town.
The time taken to complete you job would also be dependent upon the health/mood of the Plumber, organized/disorganized, experience, even including the time of day or what they had to eat for lunch.
You wont know the price for the job until it is completed. SURPRISE!!!!
Example: There is a subdivision here in Little Rock that the water heaters are in the same location in the house and installed the same exact way. Taking in consideration the above paragraph you would probably be upset to find out that your neighbor paid less to have their water heater changed, although it was by the same company.
And what if the plumber has to run out for more parts? This is a common occurrence and the meter will be running the entire time on the hourly plumber but the price remains fixed with the flat rate plumber. Finally, when calculating your overall value, please don’t forget to factor in hard costs that every business has to include in to its pricing. There is the service truck, fuel and maintenance as well as vehicle insurance, liability insurance for the business, even the plumber’s health insurance. Also, office staff, rent, phones, utilities, advertising, tools and equipment. Plumbing is a professional trade that involves never-ending learning to keep up with changing fixtures, materials and plumbing codes. Not just anybody can do this kind of work so please don’t pretend that a plumber’s time is less valuable than that of any other professional, whether blue collar or white collar.