Do you have a busted water heater, or is your problem something bigger? The thing is, it can be difficult to figure out on your own whether you simply need heating repair or a complete replacement of your system. Many homeowners are hesitant to spend their extra money for an upgrade but they also don’t want to fall into a money pit that keeps on draining their bank accounts.
Given that, here are some factors to take into account when deciding if your heating system should be repaired or replaced.
On average, a tankless water heater can last for 20 years or more while a storage water heater has an average lifespan of 10 to 15 years. Of course, units that don’t go through regular water heater maintenance will have a much lower lifespan.
If your heating system is close to the end of its life and it’s no longer covered by a warranty, it’s a sign that you need a new heater. Even if the cost of repair is low, you will likely need to have your heater repaired constantly – so a more practical option would be to buy a new one.
2. Severity of Damage
The type of damage your heater has sustained will also affect your decision on whether to replace or repair it. It’s always best to call a technician to examine your water heater and provide an estimate for repair or replacement. Take note that units with leaks will likely be replaced. Meanwhile, minor issues like slow heating might require cheaper solutions.
Is your water heater wasting energy? Heating units have an R-value that determines how insulated they are. A water heater tank that’s hot to the touch may require more exterior insulation, or you may want to replace it with a unit that has better insulation. Homes that consume approximately 41 gallons of hot water every day may greatly benefit from switching to a tankless system, which offers hot water on-demand.
Do you have a large household? If you’ve noticed that you’ve been running out of hot water lately, your existing water heater may not be the right size for your home. Consider upgrading to a bigger model or installing several heaters in your property.
5. Increased Bills
Have you noticed that you need to turn the shower dial much further only to get the same water temperature? It may be a sign that your water is becoming less energy-efficient. Therefore, it works longer and harder to provide the same results, which contributes to a spike in energy bills. Schedule a heating repair service and have your unit evaluated by a professional to know whether you need a repair or replacement.
Choosing between Heating Repair and Replacement
There are multiple factors that will affect your decision to either repair or replace your water heater. Before making a final choice, consider speaking with a skilled professional. They can offer advice for your particular situation. In addition to their knowledge about water heater brands and models, professionals can explain the costs and drawbacks of each option.
Before making what could be a very expensive decision, it’s best to talk to an expert first. Call your trusted heating repair and maintenance technician to have your unit checked, then decide what to do.