While you may not think about the availability of hot water often, it's something that will be a concern if your water heater breaks. Hot water is necessary for bathing and cleaning, and it's your water heater that makes this necessity a possibility. How often you need to replace your water heater will depend on the kind of water heater you have and how well you maintain it. Here are three things that you should know when replacing your water heater. 

When Replacement Should Be Considered

If your water heater won't produce hot water, it doesn't always mean that you have to rush to replace it. Many times water heater repair will do the job. However, there are also instances where it's better to replace. If your water heater is older than a decade, you probably will want to replace it. Leaks are also a tell-tale sign that it's time to get a new water heater. Leaks are often a result of corrosion in the tank, which repairs will not fix.

How Much It Will Cost

If you are replacing your water heater, many options may work for your home, and water heaters come in at various price points. There's an option that will work for your water heating needs and your budget. Most homeowners choose between tank and tankless water heaters. Tank water heaters cost between $820 and $1,290, while tankless options will set you back between $1,200 and $3,500. Water heaters can also be powered by either gas or electricity, with electric water heaters costing less to purchase and install. Solar water heaters are also an option and cost between $2,000 and $3,000. 

You Can Improve Energy Efficiency

You should also know that a new water heater is an excellent opportunity to increase your home's energy efficiency. Modern water heaters are more efficient. Simply upgrading to a newer model can make a difference. Switching to a new type of water heater for your home can also increase energy efficiency. Tankless models, since they heat water on demand, are more energy efficient. Solar water heaters are also an excellent option for those who want to increase their home's energy efficiency.

When replacing your water heater, there are a few things that you should know. First, knowing when to replace over repair is essential. If you have an old water heater or if your water heater is leaking, replacement is likely the best option. Knowing how much it will cost is also key. You should choose a water heater that meets your needs while still being affordable. Replacing your water heater is also a great opportunity to go with a more energy-efficient unit. 

For more information on water heater replacement, reach out to a local plumber.