Renting a water heater, as opposed to owning a water heater, seems to be common amongst homeowners in Ontario. But just because it’s a common choice, doesn’t mean it’s the best choice. In fact, there are far more disadvantages than advantages when it comes to renting a water heater.
The majority of residents outside of Ontario own water heaters in their homes for that very reason. The advantages of owning a water heater boil down to two main factors: cost and maintenance.
When you own a water heater, you know what you’re paying for. In other words, your monthly payments will be set at a fixed rate. Payments for water heater rentals are likely to increase every year based on the long-term rental agreement, meaning in the long run, more of your hard-earned money is going towards something that will never belong to you.
When was the last time you saw your water heater rental company inspect your unit? Chances are it’s been awhile, if ever!. An improperly maintained water heater could mean that you’ll run out of hot water much sooner than you anticipated.
Or much worse, you may have an undetected leak of deadly carbon monoxide. Would you know how to take care of those issues on your own? Unless you’re a licensed technician, the answer is most likely to be “no.”
Owning your water heater is a smart and cost-effective solution for your home. Still need convincing? Then feel free to check out CLARITY by ClimateCare’s Water Heater Calculator.
See for yourself how much you could save from owning! When you buy with CLARITY by ClimateCare, you will receive extra protection with our regularly-scheduled Maintenance Plan with your purchase. All you have to do is enjoy having hot water in your home with comfort and ease!