Is your water heater storage tank leaking? If so, you probably won’t read this article. Instead, you’ll be on the phone desperately trying to find a plumber who can quickly come to your house. Then you’ll be mopping up the mess. We’re sorry you’re not having a great day.
In most cases, a leaky water tank means that your hot water system will need to be replaced. There really is no way to repair a leaky water tank. Did your day just get worse? We’re sorry about that too.
If you’re having other problems with your water heater, you may be able to repair it. The question then becomes: Is it worth the cost to repair an old-fashioned storage tank water heater that is more than 5 years old?
To answer that question, you need to consider a few things:
Several types of issues can arise with your water heater, including:
If you’ve discovered the problem and determined your hot water heater can be repaired, you then need to determine if repairing the unit is the best long-term solution.
For newer units still under warranty, repairing the system is probably the right choice.
For units more than 5 years old, replacing the system may be the best long-term choice. For systems that are 8 years old or more, replacement is probably the right choice. Here’s why:
With an on-demand tankless water heater system, you will have lower monthly energy bills and you will immediately and always have hot water whenever you need it.
A tankless water heater will take up a lot less space than a system with a 40-60 gallon water storage tank.
In addition, you will be able to avoid replacing your water heater again soon, because its life expectancy will be about double the expected life of a traditional storage tank model.
Another benefit of a tankless water heater is that it does not have an anode rod, so you’ll never have rusty hot water.
To learn more about the short-term and long-term advantages of an on-demand tankless water heater, read How Tankless Water Heaters Work.
If you’ve decided to replace your old water heater and would like more information about the cost and benefits of installing a state-of-the-art tankless model, please contact us.