Today my wife and I woke up at 4:30 am to find a flooded basement caused by a broken hot water tank. Definately not a good start to our 7th Wedding Anniversary none the less life goes on.
We called Reliance Home Comfort; the company we rent our hot water tank from and they gladly came out and replaced our tank at no cost however, we still ended up having to pay $250.oo. We were informed that the existing venting does not meet code and that it had to be replaced at the home owners expence before they could install the new hot water tank. The cost to for the Reliance Technician to install the venting is… 2″ venting up to 10 feet: $155.00 + $9.00/additional foot + 13% HST 3″ venting up to 10 feet: $257.00 + $13.00/additional foot + 13% HST
This is not a huge cost but, it can be an unexpected cost so please be aware that you may need to pay for new venting if you are installing a new furnace or hot water tank. This new change in the venting regulations took place in 2007.
For more details you can follow these links… http://kw-homesellers.com/documents/System636TSSANewsletter.pdf http://kw-homesellers.com/documents/B149_1S1_EN.pdf http://kw-homesellers.com/documents/B149_1U1_EN.pdf