Water leaks run the gambit, from busted pipes spouting water like old faithful, to a leaky faucet dripping non-stop down the drain, or a pesky toilet that keeps running. Each has its own potential downsides and costs, many of which can go unnoticed or are underestimated by home and business owners alike.
Up to $720+ In Utility Bills
For example, a seemingly small issue of a dripping faucet could be costing you big. On average it is estimated that a dripping faucet could end up wasting upwards of 1000 gallons a month (WOW), costing around $20/mo or $240 per year. If your faucet leaks up to 30 drips per minute, that number escalates to $60 per month and $720/year. The same can be said about a toilet or other appliance that slowly runs or wastes water.
On the other hand, a small leak in a pipe could cause water damage to surrounding walls, floors, ceilings, belongings and even structural damage to the frame of your home. Moisture build-up from these leaks can encourage mold and mildew growth, a serious health hazard and a costly remediation bill down the road.
Then there is the environmental cost. These days we’re all doing out part to make the world a better place for future generations, and water waste is a key area of focus.