Should I Repair or Replace My Water Heater? A Florida Tech Answers
August 19, 2020
If you’ve recently had issues with your water heater or have been told that you need an expensive repair, you’re probably wondering “Should I repair my water heater or just replace it?”
That’s a great question, because you don’t want to invest money in repairing your water heater if it’s more cost-effective in the long run just to replace it.
Whether it’s smarter to repair or replace your water heater depends on:
The age of the water heater
The repair needed
The validity of your warranties
We’ll look at each of these factors below, so you can get a better idea of whether repairing or replacing your water heater is a better option.
Factor #1: The age of the water heater
On average, tank water heaters last about 10 years. So, if your water heater is around this age, it’s probably smarter to replace your water heater instead of repairing it.
Now, if the repair you need is inexpensive (under $100), it may be worth repairing your water heater so that you have more time to prepare and save for a new water heater. But, if the repair you need is more than $100, our advice would be to replace your water heater instead of repairing it.
Why? Well, as we mentioned above, tank water heaters generally last about 10 years, and the average cost of a new water heater in Florida is about $1,800. So, instead of investing a few hundred dollars into repairing a dying water heater, it’s generally more cost effective to invest that money into a new water heater. That way, you aren’t paying $300 now to repair your water heater and $1,800 in a year or two to replace your heater.
Factor #2: The repair needed
Of course, the type of repair you need will have a huge impact on whether you should repair or replace your water heater.
As a general rule of thumb, if your water heater repair is more than $500 (and your water heater is more than 8 years old), replacing your water heater is probably the most cost-effective option.
However, if the repair is less than $500 and/or your water heater is less than 8 years old, it may be more cost-effective to repair your water heater. A plumber will be able to help you determine which option is best for you.
Factor #3: The validity of your parts warranty
If you have a valid parts warranty, the cost of your repair may be fully or partially covered, which would likely make repairing your water heater the better option for you.
A parts warranty usually lasts about 5-6 years and is provided by the manufacturer of the water heater. To check the validity of your parts warranty, you can go to the manufacturer’s website and enter the model number of your water heater.
Cost Factor #4: The frequency of repairs
If you’re noticing that your water heater needs repairs often, it’s usually a sign that your water heater needs to be replaced rather than repaired.
Frequent repairs (or multiple repairs needed at once) are usually a sign that the main components of your water heater are breaking down and are putting stress on other parts of your water heater. If the main components of your water heater are breaking down, a replacement is your best option.
Need a tank water heater replacement? Contact Advanced Air
If you need to replace your tank water heater, we’d be happy to help you. Our plumbers have extensive training, and will help provide you with suggestions on a replacement water heater as well as expertly install your new heater for you.
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- Water Heater