Water Heater Rental vs. Buyout: Which Option is Best?
If your water heater is eight years old or more, you might wonder if you should just buy it out. But continuing your rental agreement for an older water heater gives you ongoing coverage for maintenance and repairs* — even after the manufacturer’s warranty is done.*
Since older water heaters, like all equipment, may be prone to more breakdowns near the end of their lifetime after the manufacturer’s warranty has expired and a single repair (e.g. ventor assembly repair+) could cost more than what’s left on your rental agreement, buying out could actually end up costing you more.
Ongoing Protection, Low Monthly Payments
Here are some facts to help you decide whether you should continue to rent or buy out your water heater:
| Rental | Buyout | |
|---|---|---|
| Protection | Your Enercare AdvantageTM rental gives you peace of mind with free maintenance and repairs for the life of your unit.** Our trained technicians carry out all their work to the highest standards of quality and timeliness. | When you buy your unit, you take on the responsibility of paying for all repairs, parts and labour. |
| Cost | You pay one predictable, competitive monthly fee for your Enercare AdvantageTM rental. | You pay a single lump sum buyout fee and assume ongoing costs of maintenance and repair. |
| Support | Enercare AdvantageTM gives you unlimited service calls* and 24/7 access to 700+ certified technicians, with same-day service if you call before 5 p.m.** and disposal of any tank that’s no longer up to code.*** | You may have some coverage under the manufacturer’s warranty, but that will expire at some point with an older unit. Even if a warranty is available, you will still need to find a third-party contractor to carry out servicing and repairs. |
What Could Maintenance and Repairs Cost?
When you buy your water heater outright, a single service call could cost several hundred dollars
Typical Water Heater Repairs +
| Parts | Parts and Labour Costs (Customer-Owned Tank) |
| Venter Assembly | $827.00 + Tax |
| Gas Valve | $526.00 + Tax |
| Flame Sensor | $342.00 + Tax |
| Thermocouple | $183.00 + Tax |
What Our Customers Think About Us
Great experience getting my water heater fixed by Fazel. Friendly and professional. Found the issue and fixed it….
Anna KaydenIn the last weekSalman Attari and the team i am pleased to have this teamwork with installing my heating system ,they’re very professional polite concerning about what is done explaining as they go along ,, very pleasing that they did the work always explaining what is being done.i will recommended them to anyone.T…
Magidan SquiresIn the last weekThe Technician Akbar was friendly, helpful and made sure everything was good before leaving. He told us about promotions with professionalism. He fixed our heating issue…
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Linda AIn the last weekHad to get a water heater replacement with Enercare and just wanted to say, thank you to both Guy and Brandon for being helpful and fast with the replacement. They came on time, were professional and explained things clearly as needed. Much appreciated!…
Aiko JunIn the last weekYousef Bousbial and Jackson Bond were the technicians who came to my house last weekend Oct03,2026. They were excellent, friendly and explained everything for me. They tested the unit and provided me with a full report. Highly recommended, I wish them both all the best. Thank you. Mahmoud. 241….
Mahmoud SIn the last weekTimely, polite and efficient…
Stacey MacDonaldIn the last weekZaw came right on time! Fast, helped explain what was wrong. Awesome service!…
Marco FerrariIn the last weekChris Gibson was the best! Great customer service…
marina famIn the last weekExcellent service, diagnose the problem and fixed it right away, Thanks to Scott…
path pathmasiriIn the last weekNicholas T. Very professional and helpful technician. Best maintenance we have ever had done….
David LockhartIn the last weekI had great experience with SCOTT VERY PROFESSIONAL, Always give good advise I highly recommend him…
raja iqbalIn the last weekWhy Choose Enercare to Protect Your Water Heater?
When you stick with Enercare AdvantageTM, you continue to enjoy:
Unlimited service calls*
24/7 access to 700+ licensed technicians
Free repairs and maintenance for the life of your water heater**