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Family-owned since 1981

Phones answered live 24/7

Office Mon-Fri 7am-4pm

A new hybrid water heater installed in a basement

Family-owned · Serving local homes since 1981

Water Heater Replacement in Peabody, MA and the North Shore

Spencer replaces and installs tank and tankless water heaters across the North Shore. Compare your water heater replacement options with an estimate at no charge. Options and pricing come before work begins, and financing is available for larger projects.

Phones answered live 24/7Office Mon-Fri 7am-4pm

Signs it may be time to replace your water heater

Some problems are a repair. These signs often point to a tank near the end of its life. We check the unit and tell you which it is before you decide.

  • Water is leaking from the tankFitting leak or tank leak

    Water under the heater can come from a loose fitting or the drain valve, which can often be repaired. A leak from the tank itself usually means the tank has failed.

    We find where the water is coming from and tell you whether it is a repair or a replacement before any work starts.

    • Fittings, valves and connections
    • The tank body and its base
    • Water damage around the unit
  • The hot water comes out rustyTank corrosion check

    Rust-colored water from the hot tap only can be a sign that the inside of a steel tank is corroding. If the cold water is discolored too, the cause is more likely the pipes or the water supply.

    We compare the hot and cold water and check the tank and its connections for corrosion before we recommend a replacement.

    • Hot water compared with cold
    • Corrosion on the tank and fittings
    • Age and condition of the tank
  • An older tank is rumbling or running out of hot waterRepair or replace an older unit

    The U.S. Department of Energy puts storage tank water heaters at about 10 to 15 years. An older tank that rumbles, runs out of hot water sooner or needs repeated repairs is often near the end of its life.

    We check the age, the condition and how much hot water your household uses, then explain whether a repair or a replacement makes sense. The replacement estimate is free.

    • Age and repair history
    • Sediment noise and recovery time
    • Household hot water demand
A Spencer technician at a Spencer service van showing the 978-293-5770 phone number

What a replacement visit includes

Four steps from the first call to the finished install.

  1. Tell us what is happening

    Share the address, the current water heater and the timing so the team can prepare for the replacement.

  2. We look at your current unit

    We check the water heater and its connections and confirm whether gas or electric, tank or tankless fits your home.

  3. You review the options

    We explain the options and the pricing before you approve any work. The estimate is free.

  4. We install and verify it

    We install it, test it, and go over it with you before the visit ends.

Estimates, options and financing

Four things homeowners ask before replacing a water heater.

  • Free replacement estimates

    Compare your water heater replacement options with an estimate at no charge.

  • Options and pricing first

    You receive the options and the pricing before any work begins.

  • Financing

    Financing is available for larger projects. Ask for the options when you review the estimate.

  • Removal of the old unit

    The replacement covers taking out the old water heater, so you are not left with it.

Tank or tankless: which replacement fits

Gas or electric, tank or tankless: we confirm which hot water heater fits your home.

  • Tank water heater replacement

    Replace a failed or failing tank unit, gas or electric, with removal of the old unit.

  • Tankless water heater installation

    Switch to tankless, or replace an existing tankless unit.

  • Not sure which fits?

    Tell us about your current water heater and your home. We confirm the right fit during the free estimate.

From Spencer's Google reviews

“Excellent service from technician Anthony. What I like about Spencer services is that they come when they say they will and the work is very dependable.”
William S., Google review, August 2026

4.9 Google rating

Read our Google reviews →

Family-owned in Peabody since 1981

Licensed & insured · MA #11868 · #4610PLC

Water heater replacement questions, answered

Direct answers to common planning questions.

Call 978-293-5770
  • How much does it cost to replace a water heater?

    The price depends on whether you choose a tank or tankless unit, its size, the fuel type and the venting. The estimate is free, and you receive options and pricing before any work begins. Financing is available for larger projects.

  • How long does a water heater last?

    The U.S. Department of Energy puts storage tank water heaters at about 10 to 15 years and tankless units at more than 20. Leaks, rust-colored water, rumbling noises or running out of hot water sooner are signs to have it checked.

  • How long does it take to replace a water heater?

    Spencer can typically install a new unit the same day. We confirm the timing with your estimate.

  • Should I replace my water heater with a tankless one?

    We check your gas or electric supply, the venting and how much hot water your household uses, then explain whether a tank or a tankless unit fits. Both options are quoted.

  • Is a water heater replacement estimate free?

    Yes. Estimates for installations and replacements are free, and you receive options and pricing before work begins.

  • Do you offer financing for a new water heater?

    Financing is available for larger projects. Ask for the options when you review the estimate.

Request water heater replacement

978-293-5770

Phones answered live 24/7Office Mon-Fri 7am-4pm

Tell us what is happening and how to reach you. A team member will call to discuss the request and confirm availability.

  • 4.9 Google rating
  • Licensed & insured · MA #11868 · #4610PLC
  • Family-owned in Peabody since 1981
  • Same-day service available. Ask when you call.
“They were efficient, courteous, clearly knew what to do and we felt very satisfied.”
Printice R., Google review, August 2026

Request service

Schedule Your Free Estimate

Same-day appointments · We call to confirm

A team member confirms availability. Online booking requests an appointment; it does not finalize one.