If your current water heater is old, inefficient, or just not working for your household, upgrading to a newer, better model may seem like the perfect solution. However, there are a few things to consider before replacing your water heater. Whether your water heater is on its last legs or just outdated, here are some pros and cons to keep in mind if you’re considering an upgrade.
Con: Cost of Upgrading
Upgrading your water heater comes with the cost of a new system, along with the cost of having it installed. You may also run into higher costs if you choose a tankless water heater instead of a traditional one. Even if your current water heater needs some repairs, keeping it for a few more years might be better for your budget than upgrading. However, major repairs for a water heater at the end of its service life are usually less economical than replacing the water heater.
Pro: Lower Utility Bills
Like most household appliances, water heaters get more efficient with each new model. If your water heater is more than a decade old, you can shave a few dollars off your water and energy bills when you upgrade to a newer unit. When shopping for a new water heater, look for models with the ENERGY STAR® certification. If you have a tank-style water heater, consider switching to a tankless model for maximum efficiency and savings.
Con: Potential Damage and Hidden Costs
Although replacing a water heater is typically a quick and easy process, there are some pitfalls that can cause damage or unexpected expenses. Poorly maintained water heaters sometimes can’t be drained due to sediment buildup, which means the tank can potentially burst and cause water damage during removal. If you’re upgrading to a tankless water heater or switching from electric to natural gas, additional construction or plumbing may be necessary to complete the installation.
Pro: Increased Performance and Safety
Are your hot showers getting cut short? If your water heater isn’t keeping up with your household’s needs, a new one can provide a significant boost in performance. A water heater upgrade also comes with better safety features that help prevent hazards like leaks, explosions, and burns. Replacing an outdated water heater is especially important if you have young children or elderly household members.
Should You Upgrade Your Water Heater?
Whether upgrading your water heater is worth it depends on a variety of factors. The pros of an upgrade likely outweigh the cons if your water heater is aging or needs frequent repairs. You may not need an upgrade if your water heater only needs a few repairs and has many years of service life left, but you can still benefit from new features and increased efficiency. If you live in Asheville, NC or a surrounding area and need water heater services, make your first call to NCPD Service.
