As a homeowner, you may not give much thought to your water heater until it starts causing problems. However, an outdated water heater can cost you more money than you realize.
From higher energy bills to frequent repairs, the financial impact of an outdated water heater can add up quickly to the point that a replacement makes more financial sense. Let’s go over the ways that an outdated water heater can cost more than a replacement and why upgrading to a new model might be a smart financial move.
Frequent Repairs
The biggest way an outdated water heater can cost a lot is through the need for water heater repair in Belgrade, MT. As water heaters age, their components wear out, leading to a higher likelihood of breakdowns and the need for repairs.
Common issues with outdated water heaters include leaks, faulty thermostats, tank corrosion, and sediment buildup, all issues that will require one of our service technicians to fix. The older your water heater gets, the more it will decline in performance, and repair needs can escalate for an older water heater.
Higher Energy Bills
One of the biggest ways an outdated water heater can cost money is through increased energy bills. Water heaters account for a substantial portion of a home’s energy consumption, and older models are often far less energy-efficient than newer ones.
According to the U.S. Department of Energy, water heating can account for up to 18% of your utility bill. If your water heater is more than ten years old, it’s likely operating at a much lower efficiency level, meaning it uses more energy to heat the same amount of water.
Reduced Efficiency and Performance
As water heaters age, their performance and efficiency tend to decline. This can result in longer wait times for hot water, inconsistent water temperatures, and even running out of hot water altogether. These issues can be particularly frustrating for households with multiple members or high hot water demands.
Reduced efficiency and performance not only affect your comfort but also contribute to higher energy consumption. When a water heater has to work harder and longer to heat water, it uses more energy, which translates to higher utility bills. Upgrading to a modern, high-efficiency water heater can ensure a steady supply of hot water while keeping your energy costs in check.
Potential for Water Damage From Leaks
Old water heaters pose a significant risk of leaks and water damage. Over time, the tank can corrode and weaken, leading to leaks that can cause extensive damage to your home that could be costly to repair. Preventing these costly repairs by replacing an outdated water heater before it fails can save you a significant amount of money and hassle.
Contact our team to assess your current water heater and give you options for a replacement. A new water heater is an investment in your home’s efficiency and financial peace of mind.
Contact Ambient Air Solutions today for professional water heater repair in Belgrade, MT. Simplifying Heating & Cooling!
