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 Advantage^TM 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 Advantage^TMrental.	You pay a single lump sum buyout fee and assume ongoing costs of maintenance and repair.
Support	Enercare Advantage^TMgives 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

Rent Water Heater

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Average Based on 123000+ Google Reviews

I had a great experience with Enercare during my recent furnace and AC installation. The team was efficient, professional, and super friendly. They explained everything clearly and made sure I was comfortable with everything before they left. I’d definitely recommend them to anyone.”…

jeff taylorIn the last week

Keegan G was very professional. Thanks for your assistance…

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The technician Hamed had good knowledge of the air conditioning system and did good job of fixing the problem….

muhammad aslamIn the last week

Leaking HW Tank….Malik arrived and after a quick look, determined the issue. In and out in 15 minutes. Amazing work…courteous Grntleman…

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Thank you Joseph and Martial for the great maintenance done….

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Nicholas T. The service provided from Nicolas was excellent. He took his time explaining the problem and the solution to us (we are seniors)…. great job…

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Kashif was very professional and explained in detail about the working of my AC unit….

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David N.Servic was perfect and job done in best…

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The technician came in to to a service call last Friday, really did a great job on my furncace. He is such a nice technician, very patient, esay to communicate. And he is very professional. He run through check on my furnace, also help me to do the maintance on the furnace and AC.and He was glad to …

carol liangIn the last week

Nazeer helped a lot…

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Thanks manny fir the excellent work…

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Akbar was great!…

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