When your water heater isn’t working properly or has sprung a leak, you might wonder whether it can be repaired or if you’ll need to replace it altogether. Replacing your water heater may seem like an expensive investment, but it could actually save you money in the long run.

So, how can you tell if your water heater should be replaced? Some signs include:

• Leaks: When water heaters start leaking, repairs are simply not an option. If you’ve found a big puddle of water under your water heater or have seen other signs of a leak, it’s time to schedule a water heater replacement service.
• Corrosion: Corrosion can—and likely will—lead to leaks. While you may have some time, depending on the extent of the corrosion, you should be prepared to replace your water heater soon.
• Poor Energy Efficiency: Old water heaters simply aren’t as efficient as newer models. While poor energy efficiency isn’t necessarily something you can’t live with, replacing your water heater with a new, energy-efficient model can ultimately offset the price of installation.
• Rusty Water: As your tank ages, mineral deposits build up over time and will cause visible dirt or rust coming from your water taps. If you notice signs of rusted water, contact your local professional plumber.
• Odd noises: Banging or tapping sounds coming from your water heater can signify that you have sediment buildup and can cause cracks in your tank, leading to a leaky tank. It would be best if you considered replacing it with a newer model.