Water Heater Repair or Replace?
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If your unit is just a few years old, water heater repair may be more cost-effective. However, a conventional storage-tank water heater nearing the end of its 8-10 year life should be replaced if you see any of these signs:
• If you hear boiling and popping noises
• Pilot light on gas water heater flickers out
• Circuit breaker for an electric heater trips
• Burner or heating element fails
• Thermostat breaks
• Valve sticks
Repairing or replacing any of those parts is relatively inexpensive. But if the tank is more than 8 years old, or leaking, replacing your water tank is the proactive solution. New models are up to 20% more efficient and can save up to $700 in energy costs over the life of the heater.