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

4.8

Average Based on 123000+ Google Reviews

Very professional, job well done….

Daiana GrimaldiIn the last week

Adam was quick, efficient and effective. He was able to find the issue, get it rectified in no time. We would definitely recommend him and will try to get him again if we have plumbing issues in the future. Thank you Adam Halkowicz!!…

Denise HaleIn the last week

Mark Clatney was the technician who came out to inspect my leaking water heater. He went above and beyond to help me. He tried everything he could to resolve the problem then and there. I am very appreciative of his professionalism….

Zehra QaziIn the last week

Khpelwak Asadullah one of the best technician that I have ever met. Punctual, humble, knowledgeable and professional….

NatalieIn the last week

Oussama was honest and efficient during his service visit. Highly recommend him….

Julia MeliambroIn the last week

Rick was a an excellent technician with lots of good information….

Jennifer MckenzieIn the last week

Ryan and Ethan were early and super efficient. Also extremly friendly. Thanks for installing our replacement water heater….

Becky CampbellIn the last week

Oliver finally found a solution to fix a toilet issue and now our shower. He is polite, knowledgeable and a big reason we use Enercare for our plumbing needs. We actually use Enercare for our heating and air conditioner as well. Very happy!!…

bonnie rodakIn the last week

Matthew came to our home(on time) and represented Enercare and himself professionally. He was respectful and efficient. 5 stars…

Ted BrackenIn the last week

Thank you Ibrahim!…

Jessica HazenIn the last week

Khpelwak Asadullah very professional and polite tech. He was able to fix our furnace….

JohnathanIn the last week

Khpelwak Asadullah, came to fix our water heater leakage. He knew what to do and fixed it so quick for us. Thank you Asad…

ArmanIn the last week