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Unusual noises, lack of hot water supply, efficiency loss, and visible leaks are signs of necessary replacement beyond mere repair.

Yes, you can replace a current tank water heater with a tankless model or vice versa. If you’re maintaining the same fuel source—gas or electricity—the switchover should be smooth. A conventional tank requires open floor space, while a tankless model can be wall-mounted. If you’re switching to a tank water heater, you might need to clear space for it. Gas-powered tankless water heaters need a large volume of gas when they start running to heat the water instantly. You might need to increase the size of the gas line when going from a tank to a tankless model.

A tankless water heater with a flow rate of 10 GPM should replace a conventional 50-gallon water heater. To avoid a surprise cold shower or two and to keep your energy costs in check, it's important to replace a conventional tanked water heater with the equivalent tankless water heater. Your household size and the number of hot-water-using devices you use at once can help you determine the best-size tankless water heater.

Traditional gas or electric water heaters last an average of six to 11 years. However, with excellent maintenance, they can last up to 15 years. Heat pump water heaters, on the other hand, last an average of between 12 and 15 years and potentially longer with proper maintenance. In both cases, your home's water quality can be a determining factor regarding the lifespan of your water heater.