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Water Heater Rental vs. Ownership in Ontario: Why It’s Time to Make the Switch

a mother and child using hot water for washing hands

Spring is here, and while you’re busy ticking off your seasonal home maintenance checklist, it’s worth thinking about more than just filters and thermostats. Have you ever considered how you’re paying for your water heater? In Ontario, many homeowners still rent their water heaters—but that choice may be costing more than you realize.

Why Renting a Water Heater in Ontario Costs You More

Most rental contracts are open-ended, meaning you continue paying indefinitely. Over time, you can easily pay more than the full cost of the equipment—without ever owning it. That’s money you could use elsewhere in your home or savings account.

Is Water Heater Rental Worth It for the Warranty?

Many rentals come with a long-term warranty, which can seem reassuring. But what most homeowners don’t realize is that many HVAC contractors also offer extended warranties when you purchase equipment. You don’t need to rent to get protection.

Renting Your Water Heater? You’re Giving Up Control

When you rent, you’re locked into that provider for service. If they’re delayed or unavailable, you’re stuck waiting—or paying extra for another technician. Owning your water heater gives you the freedom to choose who services your system.

Selling Your Home? Water Heater Rentals Can Be a Turn-Off

Rental equipment adds complexity to real estate deals. Prospective buyers may see a rental as an extra hassle or future expense. Owning your water heater simplifies the sale—and adds value to your home.

HVAC Financing Makes Water Heater Ownership More Affordable

We understand that upfront costs can be tough. That’s why financing options are available—letting you enjoy low monthly payments, just like a rental, but with a clear end date and full ownership from day one.

Get More Value with CLARITY by ClimateCare

At ClimateCare, we make it easy to own your AC, heat pump, furnace, or water heater while still enjoying the benefits typically associated with rental—like maintenance and warranty protection. Our CLARITY and Essentials by CLARITY programs are designed to give you peace of mind, long-term value, and equipment you truly own.

Did you find this helpful? This information came from our Newsletter THE VENT. See below to sign up to our newsletters! 

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