There’s a huge question to be asked when your hot water heater stops working. Fix it or get a new one? Is it financially feasible to have your hot water heater fixed? Otherwise, would you be better off just getting a new one and having it put in?

There are a number of variables at play here, so it’s impossible to say.

Water Heater’s Age

A hot water heater usually lasts for about ten years. If you haven’t decided between repairing or replacing your hot water heater in the past ten years, you should go with the latter option. You may decide to repair rather than replace your hot water heater if it is relatively recent and you have had no complaints about its performance.

It’s true that not all water heaters have the same lifespan. The Department of Energy estimates that a tankless coil and indirect water heater will last between ten and eleven years. A heat pump or storage tank has a ten- to fifteen-year lifespan. A tankless water heater can survive even longer than a solar water heater’s estimated 20 years of service.

A hot water heater’s durability is influenced by a number of factors, such as its placement, upkeep, and frequency of draining and flushing. The ten-year mark is merely a recommendation, not a mandate. Even if your tank is less than ten years old, you should replace it if it shows signs of rust or corrosion.

Also read:

Electric Water Heater Repairs: What You Need to Know

Water usage efficiency: expensive bills

The typical annual operating cost for a water heater is listed on a sticker on the side of the unit. The R-value of your tank for storing things should also be checked.

How well your water heater retains heat is shown by its R-value. If the R-value of your water heater is high, it is very well insulated. It may be time to replace your hot water tank if its R-value is less than 24 or if it is uncomfortable to touch.

The energy efficiency rating can also be considered. It’s a measure of the heater’s efficiency. Generally speaking, the higher the efficiency rating, the less money you’ll spend on utilities each year.

The cost and availability of fuel must be considered for this. To learn how to estimate how much money you will spend on gas and electricity to run your water heater each year, check out the Department of Energy’s website.

How Effective Is Your Unit, Exactly?

You might have gone through some changes since your hot water heater was initially installed. Do you continue to use the same volume of hot water? You could require a bigger tank if your family has expanded in order to handle additional loads of laundry, baths, and toilet usage. You can be spending money by heating water unnecessarily if people have moved out.

Were you content before the present issue that made you wonder whether to fix or replace your hot water heater? Did you notice that your water heated up sufficiently promptly and that there was enough hot water to go around? It may be time for a replacement if you have previously had to wait for the water to warm up for several minutes or schedule showers so that everyone could have hot water.

What Caused the Problems with Your Water Heater?

When deciding whether to repair or replace a hot water heater, it’s important to consider the nature of the damage. It is always a good idea to have a professional come out and assess the state of your hot water heater and provide you with a price for service or replacement. It’s highly improbable that you can get away with repairing a leak. It’s possible that issues like your water heating too slowly (or not at all) can be fixed at a lower cost.

Repairing vs. replacing an existing hot water heater

Whether you decide to repair or replace your hot water heater depends on a number of things. Consult an experienced plumbers in Sydney before making any final choices. He or she will be able to tailor advice to your unique circumstances. The expert will be able to shed light on the benefits and downsides of each alternative, and may even suggest other water heaters you hadn’t thought about.