Most water heaters have a lifespan of 10 to 12 years. If your water heater has reached an age past its prime, it might be time to consider replacement. The good news is that a newer water heater will be much more efficient than your current 10-year-old model and can save you hundreds of dollars in energy costs during its lifespan. Current manufacturers of water heaters usually inject foam insulation in between the water heater tank and its outer shell, giving it a greater ability to retain heat, and the recent development of glass liners can make hot water tanks less likely to corrode.
If you replace your water heater now, you also have the option of choosing a new kind, such as a tankless water heater, which takes up much less space and is highly efficient, a heat pump water heater, which can hold a lot of hot water and is safe and eco-friendly, or a solar water heater, which can cut your water-heating electricity usage in half and increase your home’s value. Some of these options will even qualify you to receive extra federal tax credits! Contact us for more information about your water heater replacement options today.