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A conundrum
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this post was submitted on 07 Sep 2025
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Sounds like it is not common where you are, consider yourself lucky. Where I live, all new houses are built with predatory rental water heaters. $50-100/month forever. You end up paying the purchase price many times over. Electric tankless heaters use an insane amount of electricity when they operate. Overall they are more efficient, but the wiring needed to supply it will greatly increase the price, often requiring a panel upgrade and possibly an upgrade in service to the house.
Rental water heaters are some weird Canadian scam.
My ~70 year old water heater failed 5 years ago. I drove to the nearest hardware store, paid $700 for a new one, and installed it myself.
Comparing efficiency between electric and gas is complete nonsense. You need to compare operating cost. In my market, with very high electric prices, it’s $60/yr for gas tank, and $1,100/yr for electric tankless.
What happens if or when it breaks? Since it's rented, is that at the very least not on you? I would imagine any or all work on it shouldn't cost you anything since you're paying monthly for it? Not that I want that, but do you get anything for this rental fee?
Yes, if it fails, they will either repair or replace it at least.
so it's betting that the water company will get harder water