Should I Repair or Replace My Hot Water Tank?

A water tank is a problem only when the tank leaks or the heating element stops working. Age, damage severity, and budget all play a role in determining whether it is more cost-effective to repair or replace them. A quality decision is required to avoid shallow choices. 

However, some circumstances can warrant making the best decision between repairing and replacing your water tank.

Tank Leakage

A Leaking tank is the most prevalent incident of a hot water tank, leading to the wastage of over 40 gallons of water. Stop the flow of water instantly by turning off the main valve.

The tank springs leak because the inside surface has been damaged over time by the minerals in the water. In this instance, repairing may become a nightmare.

Higher Heating Bill

Have you found that increasing the dial position on your shower requires more and more rotations to achieve the exact water temperature? This results in your water heater has to work harder and longer to achieve the same outcomes, driving up your energy costs.

Since the water heater accounts for 14% of the average household's energy costs, you must pay attention to it. Replacing your water tank may be more cost-effective if it is outdated and no longer provides adequate service.

Repair Problems 

Just like other household appliances, they are prone to develop problems. The power supplies a gas burner, electric element, or pipes from the tank. Therefore, these few elementary problems can arise, and they can all be resolved:

1. The electrical or gas heater problems. 
2. Failure of the heating system
3. The constricted pressure relief valve

All these require repair or replacement, depending on how severe.

Consider Age and Cost

Repairs are debatable depending on the water heater's age and the cost of parts. In cases when the storage tank heater is eight years old or older, it is time to start thinking about a replacement. Newer tank heaters use less energy, whereas an older storage tank poses a leak danger.

Taking Decision

Even while it may be inconvenient to replace, it is even more inappropriate to keep wasting money on a water tank that isn't effective. If your water tank is old, no longer energy efficient, and requires frequent, expensive repairs, it's probably time to replace it.

The next step is to evaluate how long the heater will last, the cost of a replacement part, and the cost of hiring a plumber. If these expenses are more than the price of a new device plus labor, then replacement is probably the best option.

Therefore, calculate how many years of use you can get out of the heater for the money you're willing to spend. Get in touch with us for quality decision-making in repairing and replacing your hot water tank.