EnerCare water heater model for buyout?
Any suggestions, hints, advice? Thanks!
Feb 8th, 2018 2:35 pm
Feb 8th, 2018 3:09 pm
Feb 8th, 2018 3:24 pm
Feb 8th, 2018 6:08 pm
Feb 16th, 2018 3:34 pm
My house is 2 months old, 1600 sqft home, buyout is $3500 + tax. ~$4000. Does a new tank and installation cost $4000?
Feb 16th, 2018 3:40 pm
Feb 16th, 2018 4:28 pm
Yes you would. It's a revolving contract, you can get out of it if your water heater dies and you no longer want them to install a new one....
Feb 16th, 2018 4:48 pm
That's not correct. If the tank was installed before Sept 2010 (more than 8yrs old) then you are under the old contract terms that allow you to pay a small fee and cancel your rental
Feb 16th, 2018 4:55 pm
Exactly, pay a fee... What I was trying to say was that you cannot simply leave the contract, you're still locked in and can't get out for free either way.
Feb 16th, 2018 5:17 pm
The size of the home has no bearing on the size of the tank. It really depends on how much water you use. My guess is you have a 50 gallon tank. To be fair, the Envirosense tanks are 78 - 93% efficient and they do cost considerably more. I have not found these in big box stores and most HVAC guys are selling these for $2200 - $2500 installed. The $3800 I paid included tax.reggyDeal wrote: ↑ My house is 2 months old, 1600 sqft home, buyout is $3500 + tax. ~$4000. Does a new tank and installation cost $4000?
Though these tanks go for ~$1000, so installation cost is $3000? wtf?
Believe my tank is also the Envirosense model, will have to double check.
The rental cost for 5 years is $2803 with taxes. Getting charged $41+tax per month. How much one would actually save by having a tankless system, wondering if it is worth the investment? As a side note if one rents the whole house is the tank heater rental passed onto the renter?
Feb 16th, 2018 11:34 pm
What's strange here is that the customer of the new build does not get the option of buying the water-heater from the starts. It's assumed one want's to rent. And then one has to pay a penalty to opt. out of the contract. hmm.
Feb 17th, 2018 12:58 am
It’s not strange at all. The builder doesn’t want to buy you a new water heater (extra expense) so they opt to rent. But the main reason is that builders also bid it out. The one that offers the largest kick back gets the contract to install their rental units. They do the same for cable and phone lines.
Feb 17th, 2018 7:19 am
What fee? In talking with Enercare in the past about terminating my contract, there was no mention of a fee. Only fee that would be charged if Enercare disconnected the tank and/or picked up the tank.
Feb 17th, 2018 10:04 am
I think he meant that the smaller fee was charged instead of a buyout. Does your bill show the price of the buyout or any mention of it, if breaking the contract or did you find out about it only when you called them?Bianco13 wrote: ↑ What fee? In talking with Enercare in the past about terminating my contract, there was no mention of a fee. Only fee that would be charged if Enercare disconnected the tank and/or picked up the tank.
After noticing in my last gas bill Enercare raised my rental fee almost a full $1/month. Looking at the buyout option they still want $430 for a 12yr old tank, unbelievable! Hopefully next month , the plan is to purchase a new tank and break free from Enercare.
Feb 17th, 2018 2:38 pm
My bill does not show the buyout price. The buyout price is on Enercare's website. When I called Enercare last year, they said the only charge would be if they disconnect and picked up the tank.
Feb 17th, 2018 4:28 pm
Feb 17th, 2018 7:14 pm
When installing the new tank, as long as the plumber or gas fitter is disconnecting the old tank the $75 disconnection fee does not apply. You just have to ensure the old tank is dropped off at one of the Enercare's depots so no additional charges are applied.
Feb 20th, 2018 10:02 am
Feb 26th, 2018 11:15 am
Feb 26th, 2018 11:19 am