It’s amazing how much we rely on warm water in our homes– for dishes, laundry, and most importantly, showers. Having a water heater break can certainly be an emergency and requires quick decision-making about whether to have the water heater repaired or replaced. Water heaters have a lifespan of around 10 years. Some may last longer, especially if the tank is flushed on a yearly basis. Minerals from the water can build up in the tank and over time cause it to not work as well and to eventually need replacement. Even those that are maintained annually do not last much longer.
Nobody likes taking cold showers, so as soon as a water heater stops working, there is a mad rush to get it repaired. It’s important to be aware of what the best option is in case your water heater does break. Water heater repair is only recommended for newer tanks. If a water heater is reaching the end of its lifespan, it may be more cost-effective to replace it than to have it repaired. If you choose a water heater repair over replacement, you will likely end up needing to make this decision again not too far down the road. Another reason why it may be a better financial decision to replace your water heater is because newer units are much more efficient and can save you a lot of money on your utility bills.
Make sure you run the numbers and learn about the more efficient models that are on the market if you’re in need of a water heater repair or replacement. It is always better to spend a little bit more time researching your options and making a better financial decision than to rush into something when there’s an emergency.