Tankless water heaters are a boon for homeowners, offering efficient performance and long-term reliability.
However, like any mechanical system, they may encounter issues over time. In such cases, it’s essential to weigh the options of tankless water heater repair versus replacement. Let’s delve into the considerations to help you make an informed decision.
Age of Your Tankless Water Heater
When your tankless water heater gets old, you have to decide whether to fix it or get a new one. Tankless heaters can work for 20 years or more, but as they get older, they may need more repairs.
Some fixes might not cost much, but you should think about a few things. For example, if newer models are better or if the warranty is expired, getting a new one could save you money in the long run. It’s like deciding whether to put a new engine in an old car—it might not be worth it.
Experts say gas water heaters last about 10 years, and tankless ones last over 20 years. So, if your heater is getting close to the end of its life, it might be smarter to replace it instead of fixing it, especially if the repair is expensive. You wouldn’t spend a lot of money fixing an old car, so why spend a lot fixing a water heater that’s almost done?
How Much Will It Cost to Repair?
When deciding whether to repair or replace your tankless water heater, the cost of repairs plays a big role. If you recently fixed your heater and it’s likely to need more repairs soon, that adds up.
Here’s a rule of thumb: if the repair costs more than half the price of a new heater, it might be better to replace it. But if the repair estimate is lower than that, fixing it could be a good idea, especially if it doesn’t keep breaking down or needing lots of repairs.
It’s like deciding whether to buy a new phone or fix your old one—if the repair costs too much, it might be time for an upgrade, but if it’s not too expensive, fixing it can save you money in the long run.
Your Water Heating Bills Keep Increasing
If you’ve noticed that you need to turn the shower dial more to get the same hot water, your water heater might be getting less efficient. This means it has to work harder and longer to give you the same results, which can make your energy bills go up.
Since your water heater makes up 14% of your total energy bill, this inefficiency can’t be ignored. If your old water heater isn’t giving you hot water like it used to, it might be cheaper in the long run to replace it.
Your energy bills can also tell you if your tankless water heater is efficient. After installing one, your monthly heating costs should go down. But if your energy bill keeps going up for no reason, it might be time to replace the unit. Tankless water heaters are supposed to save energy and lower utility costs. So, if yours isn’t doing that, it might be better to get a new one, especially if it’s been used for a long time without proper maintenance.
Final Thoughts
In conclusion, the decision to repair or replace a tankless water heater depends on various factors, including the age of the unit, the extent of the problem, and long-term cost considerations. Seeking professional assistance is crucial in assessing the situation and determining the most appropriate course of action.
Whether opting for tankless water heater repairs or replacement, prioritizing efficiency and reliability ensures uninterrupted access to clean, hot water for years to come.
At Wenbrooke Services, we understand the importance of a reliable water heater in maintaining comfort and convenience in your home. Our team of skilled technicians is dedicated to providing top-notch repair and replacement services tailored to your needs. With transparent pricing and a commitment to customer satisfaction, we strive to deliver exceptional results that exceed your expectations.
Contact us today to schedule a consultation and ensure your home enjoys uninterrupted access to hot water.
