No homeowner would argue the fact that your water heater plays a crucial role in your home. It provides hot water for bathing, cleaning, and cooking. Brackett Heating, Air & Plumbing offers the best in water heating products as well as top-notch water heater installation and repair services.
Water heaters have a limited lifespan and can develop issues over time. When your water heater starts acting up, you may be faced with the tough decision of opting for water heater repair or going for a full water heater installation. You might even consider switching to a tankless water heater.
In this blog, Brackett offers suggestions to ensure you make the right choice for your home and budget.
What Age Is Your Water Heater?
One of the first considerations when deciding whether to repair or replace your water heater is the age of your current unit. Traditional storage tank water heaters typically have a lifespan of around 10 to 15 years. If your water heater is nearing the end of its expected lifespan and is experiencing problems, it may be more cost-effective to replace it rather than investing in water heater repair.
Efficiency and Energy Savings
Tankless water heaters are known for their energy efficiency as they only heat water on-demand, reducing standby energy losses common in traditional tank-style heaters. While the upfront cost of a tankless water heater installation may be higher, the energy savings over time can offset the initial investment.
Cost of Repairs vs. Water Heater Replacement
Whether you repair or replace your water heater depends on the total cost of the repair. Minor issues such as a leaking valve or a faulty thermostat can often be fixed inexpensively. However, if the repair costs are approaching or exceeding 50% of the price of a new water heater, it’s generally more cost-effective to replace the water heater. New water heaters are likely to come with warranties, providing peace of mind and protection against potential future repair costs.
Consistent Hot Water Supply
Frequent temperature fluctuations or running out of hot water during showers can disrupt your daily routine. In such cases, water heater repair might only provide a temporary solution. Replacing the unit, especially with a tankless water heater, can ensure a continuous and reliable supply of hot water.
Consider Your Long-Term Plans
If you plan to stay in your current home for many years, investing in a tankless water heater can offer long-term benefits, including energy savings and a longer lifespan. However, if you’re planning to sell your home soon, a cost-effective repair may be more appropriate to increase your home’s resale value without a significant upfront expense.
Many homeowners are becoming more concerned about environmental issues. If you’re looking to reduce the impact your choices have on the planet, a tankless water heater is a more eco-friendly and energy-efficient choice compared to traditional tank-style heaters. Additionally, they have a longer lifespan, reducing the number of water heaters that end up in landfills.
Space and Appearance
Tankless water heaters are known for their space-saving design. If you have limited space in your utility room or want to free up space for other purposes, a tankless water heater installation can be a great choice. They are compact and can be wall-mounted, eliminating the need for a bulky tank.
Water Heater Replacement in Evansville, IN
Deciding whether to repair or replace your water heater requires careful consideration of several factors. A water heater repair can be a cost-effective solution for minor issues. It’s important to weigh the long-term benefits of a water heater installation, especially if you’re considering switching to a tankless water heater for increased energy efficiency and space-saving benefits.
Ultimately, the decision should align with your specific needs and budget. Brackett Heating, Air & Plumbing has the knowledge and expertise to guide you through the decision-making process.
Contact Brackett today to schedule your water heater replacement or repair service today.