How To Know When You NEED To Replace Your Tank Water Heater
Knowing when to replace expensive home appliances and systems can be quite difficult. It can be enticing to repair your traditional tank system rather than make the investment in a new system altogether. Our Neerings team has listed a few ways to determine when it’s time to replace your water heater and go tankless. Continue reading to discover our Gold Standard guide to replacing your system!
Like all things in life, water heaters are not meant to last. Traditional water heaters have an average lifespan of 10 years and tankless water heaters last around 20 years. The age of your water heater is a telltale sign if it is time to replace your system, especially if you are facing an expensive repair. Tankless water heaters have the added benefit of an extended lifespan.
Cost and Frequency of Repairs
With all home systems, it is important to perform a cost-benefit analysis to determine if it is worth repairing or replacing. The 50% rule is an easy way to determine if it is worth putting money into a repair. If your repair is over 50% of a new system, then it is wise to replace your system for the long-term benefits. Although the initial upfront cost of a tankless water heater is more expensive, you will save money over time through utility bills and its extended lifespan. In addition, many problems that may end the life of a traditional water heater can be easily fixed with a repair in a tankless system!
Increased Utility Bills
If you begin to notice your utility bills, particularly your water bill, increasing over time, it’s important to take note. Your water heater is most likely facing a complication and working harder to achieve the desired temperature it is set to. Your water heater contributes to 13% of your utility bill, so it is crucial to pinpoint the inflation. Scheduling an appointment with our Neerings team will diagnose the problem and determine if we can FIX IT or if your system needs to be replaced altogether. Tankless water heaters can actually SAVE you money due to the on-demand heating process. Traditional tank water heaters constantly heat water even when not in use, driving up your utility bills.
If you begin to notice one or more of these issues, it may be time to replace your water heater. Our Neerings team is dedicated to providing you and your family with Gold Standard water heater services in Salt Lake City. Give our team a call at (801) 506-7856 to schedule an appointment and get $250 OFF a new tankless water heater.