A lot of people think that just because their water heater stops working it needs to be replaced. However, the truth is that a failing water heater can usually be fixed by replacing the tank itself.
The majority of the common issues associated with water heaters include replaceable components and it is usually cheaper to fix a water heater than replace it. The total Water Heater Replacement Cost depends on whether you choose to replace a part of the unit or the heater itself. If your family is growing and you need to invest in a new heater, it might be time to choose a tankless unit or one with a bigger tank.
Average Lifespan of Water Heaters
Generally, water heaters can last up to 15 years. But, this depends on how you take care of your unit. If you regularly flush the unit once every year and maintain the heater according to the recommendations of the manufactures, it can serve you for many years, although the tank will eventually need replacement. But, a water heater that has fiberglass tank can last longer and some models may even come with a lifetime warranty on the tank. In terms of warranties, it is best to spend a bit more upfront for a unit that has a 10-12 year warranty. It usually includes heavier-duty anode rods which maintain the condition of the inside of the tank.
Typically, electric water heaters can sometimes last one to two years longer than their gas counterparts. Gas-powered water heaters are considered more economical and eco-friendly than electric models. However, they have more components that can fail or wear out.
Replacing Unit Parts
As with other appliances, you will need to choose between repair and replacement when your heater experiences an issue. The tank is the only part that can force you to replace the unit. That is why you need to troubleshoot you purchase a new water heater.
If your water heater stops generating enough hot water, it can be repaired by replacing the thermostat and other components. Parts replacement is generally less costly than unit replacement. Unless your water heater is more than 10 years old or has a leaking tank, it can be fixed by a professional.
The Cost of Getting a New Water Heater
The total cost of getting a new water heater includes the unit’s price, the cost of installation, and the cost of bringing your water heating system up to current building codes. On average, homeowners spend a little more than $1, 000 on water heater installation. The unit cost depends on the model and the type of water heater to buy while the cost of upgrading your plumbing to code depends on your location.