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The Great Water Heater Rental Scam

  • Last Updated:
  • Jul 17th, 2018 5:38 pm
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Dec 27, 2011
2551 posts
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Waterloo
Jazmina wrote:
Jun 22nd, 2017 2:31 pm
It is insane and the funny part is that my dad is trying to convince me based on this experience is why I should rent not buy *smh* lol
What happened to the prior heaters that prompted them to change it? Like was there a leak? Or it stopped heating (or took a very long time)?
Member
Dec 29, 2007
331 posts
133 upvotes
newlyborn wrote:
Jun 22nd, 2017 9:00 am
Your BLACK ABS vent should be broken and it is not accessible easily to be replaced to 636. Only this scenario warrants A Tag, pressure tag and TSSA variance certificate.
What is broken stud ????? Can you share a pic ??
I have absolutely no clue. The Enercare technician, Alan R., would not explain further when I asked, but he did equate it to a bent bolt or screw. That's why I'm thinking he intentionally did what he did for a cash grab.
Sr. Member
Feb 4, 2010
914 posts
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crystallight wrote:
Jun 22nd, 2017 4:41 pm
What happened to the prior heaters that prompted them to change it? Like was there a leak? Or it stopped heating (or took a very long time)?
I'm not sure - I didn't pay attention back then because I didn't own a house then :)
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Jan 25, 2007
4364 posts
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Paris
hebsie wrote:
Jun 22nd, 2017 7:11 pm
For the GSW 50-gal (tall) -- https://www.lowes.ca/water-heaters/gsw- ... ater-drain

Which anode rod are you guys using?? FWIW, I do not have smelly water. I see this one by Whirlpool

Which Drain valve to buy, assuming it needs to be replaced from plastic to brass.

I was hoping to go to Lowes on Sat and pick these up. Thanks...hebs
Any drain valve rated for hot water. My Lowes unit I needed a small male/male extension from the heater to the fitting due to the depth of insulation.
Gbill2004: Thanks but I'll just smell the couch before/if I buy it.

jonnyb: I go in there like PICASSO and toss the glue everywhere, I don't care what house I'm on.
Member
Dec 29, 2007
331 posts
133 upvotes
Enercare cannot send me a copy of the Rental Agreement because it's from 1995 and they can't find it. I thought it's law that they retain copies of contracts. Can someone provide me with guidance?
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Apr 20, 2011
7747 posts
2633 upvotes
ON
noproblem wrote:
Jun 26th, 2017 12:32 pm
Enercare cannot send me a copy of the Rental Agreement because it's from 1995 and they can't find it. I thought it's law that they retain copies of contracts. Can someone provide me with guidance?
Try calling them back and saying that if they can't prove you have a contract with them, they can now stop billing you. :)
It's been 22 years. I think they can call it closed.
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Oct 20, 2004
3172 posts
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I am buying a home in Windsor (not sure whether the water is hard) and the current owners are rented a Power vented 60 gallon water tank from Reliance for $30 (+taxes) per month since Mar 2011. My options other than continuing the rental includes buyout for $870 + taxes, or get it removed for $205 after the contract ends next year. Does it seem fair to buy out a 6 year Power vented 60 gallon water tank for $870?
HEATWARE 47+ : BST 27+ : EBAY 212+ (links on request)
Sr. Member
Apr 26, 2003
849 posts
218 upvotes
Hold out and remove it and buy a new one. Not worth paying that kind of rental money on a 6-7 year old tank.
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Jan 25, 2007
4364 posts
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Paris
dinesh_zee wrote:
Jun 27th, 2017 8:43 am
I am buying a home in Windsor (not sure whether the water is hard) and the current owners are rented a Power vented 60 gallon water tank from Reliance for $30 (+taxes) per month since Mar 2011. My options other than continuing the rental includes buyout for $870 + taxes, or get it removed for $205 after the contract ends next year. Does it seem fair to buy out a 6 year Power vented 60 gallon water tank for $870?
When is "next year"? If it's 18 months at 30 bucks +$205 =$750 that would be cheaper than the $870 but then you would own the tank for a measly $120 which should last you 2-3 years more. To me its a crap shoot... Maybe the tank buyout will be less after the contract expires?

60 gallon tanks are usually a little more than a big box standard 50 gallon.
Gbill2004: Thanks but I'll just smell the couch before/if I buy it.

jonnyb: I go in there like PICASSO and toss the glue everywhere, I don't care what house I'm on.
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Oct 20, 2004
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Buying it out right now makes sense economically but is it worth the gamble that the 6 yr old tank will last another 3 years?
Jerico wrote:
Jun 27th, 2017 4:13 pm
When is "next year"? If it's 18 months at 30 bucks +$205 =$750 that would be cheaper than the $870 but then you would own the tank for a measly $120 which should last you 2-3 years more. To me its a crap shoot... Maybe the tank buyout will be less after the contract expires?

60 gallon tanks are usually a little more than a big box standard 50 gallon.
HEATWARE 47+ : BST 27+ : EBAY 212+ (links on request)
Sr. Member
Aug 18, 2009
895 posts
296 upvotes
Toronto
I recently moved into a home (resale) but have not yet contacted the hot water tank rental company. What would happen if I never contacted them to transfer the rental? I've already received my Enbridge bill but there's no mention of a water tank rental fee.
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Jan 25, 2007
4364 posts
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Paris
dinesh_zee wrote:
Jun 28th, 2017 12:28 pm
Buying it out right now makes sense economically but is it worth the gamble that the 6 yr old tank will last another 3 years?
What's the exact break even though? If he buys it, how much longer MUST it last to not be out of pocket? That's all I did on my current one... payback is 4 years so as long as it lasts that long I am ahead.

If he buys it out and it lasts him a month longer than if he paid to rent it saving $30, it was worth it
Gbill2004: Thanks but I'll just smell the couch before/if I buy it.

jonnyb: I go in there like PICASSO and toss the glue everywhere, I don't care what house I'm on.
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Oct 20, 2004
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Jerico wrote:
Jun 28th, 2017 2:35 pm
What's the exact break even though? If he buys it, how much longer MUST it last to not be out of pocket? That's all I did on my current one... payback is 4 years so as long as it lasts that long I am ahead.

If he buys it out and it lasts him a month longer than if he paid to rent it saving $30, it was worth it
After buying out the 6.25yr old power vent tank, it needs to last another 2.5yrs to break even...

870 buyout / 30 rent = 29 months ownership to break even...
HEATWARE 47+ : BST 27+ : EBAY 212+ (links on request)
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Jan 25, 2007
4364 posts
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Paris
dinesh_zee wrote:
Jun 28th, 2017 4:26 pm
After buying out the 6.25yr old power vent tank, it needs to last another 2.5yrs to break even...

870 buyout / 30 rent = 29 months ownership to break even...

Not quite, as he is already locked in until "next year" how ever many months that is. Depends on the buyout after contract expires if it will go down or not.

Plus there is a $205 removal fee so it's 870-205/30=22.5 months and most likely it will last.

Edit: I just realized it was you that asked so how many months are left in contract?
Gbill2004: Thanks but I'll just smell the couch before/if I buy it.

jonnyb: I go in there like PICASSO and toss the glue everywhere, I don't care what house I'm on.

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