Repair or Replace Your Water Heater? How to Know

Your water heater is one of the most important and frequently used appliances in your home. It provides you with hot water for showers, laundry, and dishwashing. However, like any other appliance, water heaters can experience issues over time. When a water heater malfunctions or shows signs that it may not be working properly, one of the most important decisions homeowners have to make is whether to repair it or replace it. It is a decision that needs to be made carefully and factors to consider include water heater cost, age, and efficiency. 

How to Know if You Should Repair or Replace Your Water Heater

1. Age of Your Water Heater: The age of your water heater is one of the biggest factors to consider when deciding whether to repair or replace it. A well-maintained water heater typically lasts approximately 8 to 12 years. If your water heater is near or past this age range, it may be more cost-effective to replace it than to continue repairing it. Older water heaters are more likely to develop issues and their efficiency usually only continues to decline over time.     
2. Cost of Repairs: When determining whether to repair or replace your water heater it is a good idea to consider the cost of repairs. Minor water heater repairs, such as replacing a faulty thermostat or a leaky valve, are generally affordable and can prolong the life of your unit. However, if your water heater requires major repairs, such as a replacement of the heating element or tank, the cost can be significant, making it a better choice to simply invest in a new heater. 
3. Energy Efficiency: The energy efficiency of your water heater can have a big impact on your monthly utility bills. Older models are less energy-efficient than newer ones so if you heater is several years old, it may not meet current energy-efficient standards and is probably far less energy efficient than current models. Upgrading to a new water heater can provide you with significant energy savings. Look for water heaters with a high Energy Factor (EF) rating because they consume less energy to heat the same amount of water.
4. Frequency of Repairs: If you find yourself frequently calling a plumber to fix issues with your water heater, it’s a sign that your heater might be nearing the end of its lifespan. Frequent breakdowns are frustrating and expensive. Replacing a water heater can save you money and give you peace of mind. Contact Second Opinion to schedule an appointment!