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Need help on enercare rental water heater

  • Last Updated:
  • Feb 23rd, 2018 8:41 am
[OP]
Jr. Member
May 1, 2012
112 posts
12 upvotes
Markham

Need help on enercare rental water heater

I bought my house around 7 years ago, the previous owner signed water heater rental agreement at March 2011, which I did not even see it. Now I have to pay around 25 dollars monthly, how can I get out it?
Thanks
11 replies
Deal Addict
Dec 17, 2007
2451 posts
1423 upvotes
Alliston, ON
Call enercare and find out what the buyout price is, pay that
Deal Expert
User avatar
Feb 11, 2007
16554 posts
18106 upvotes
Oakville
Return the tank to them and install your own.
If the women don't find you handsome, they should at least find you handy.
Deal Addict
User avatar
Jan 23, 2015
1162 posts
654 upvotes
Woodbridge, ON
^^^ What he said! Buyout is not even worth it. Even 10-12yrs old tanks they still want around $500 to buy it out.
Deal Expert
Aug 2, 2004
33809 posts
7451 upvotes
East Gwillimbury
$25? You’re one of the lucky ones. Most new rentals are $40 or more.

Call and tell them you want to return the tank. Hopefully you only have a 5 year contract.
Deal Addict
Nov 24, 2013
1590 posts
915 upvotes
Toronto
I bought mine out a little less that a year ago. Every year, on some anniversary date, the buyout gets cheaper.

I could have returned it free of charge or bought it for around $200 (the tank was around 12 years old). I chose to buy it out and figured if it lasts a couple of years, I should at least break even.

Call them to fnd out costs. I suspect buyout for a 7 year tank is going to be substantially higher.
Deal Addict
User avatar
Jan 23, 2015
1162 posts
654 upvotes
Woodbridge, ON
Piranhaguy wrote: This is a buyout for 2018 installs, you need to find out a buyout schedule for when yours was installed.
If the buyout schedule was for only 2018 installs, then the first column wouldn't have the age of the tanks listed.
Newbie
Feb 29, 2016
35 posts
11 upvotes
Bianco13 wrote: If the buyout schedule was for only 2018 installs, then the first column wouldn't have the age of the tanks listed.
It would have the age of tanks because this schedule is for 2018 installs buyouts moving forward to give anyone considering a buyout one year to whatever years down the line . So five years from now if I were thinking of buying out my tank and it was installed in 2018, I would be referencing this particular schedule.
Deal Addict
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Jan 23, 2015
1162 posts
654 upvotes
Woodbridge, ON
Piranhaguy wrote: It would have the age of tanks because this schedule is for 2018 installs buyouts moving forward to give anyone considering a buyout one year to whatever years down the line . So five years from now if I were thinking of buying out my tank and it was installed in 2018, I would be referencing this particular schedule.
You are absolutely correct... I found a 2014 buyout schedule and the pricing is different.
I should have had my morning coffee before posting. :)

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