What Could A Water Leak Be Costing You?

9/1/2022 (Permalink)

If you notice signs of a water leak, it is important you call our SERVPRO team as quickly as possible, it can quickly grow into big mold damage.

How Much Could A Water Leak Cost You?

While some leaks are very obvious and easy to discover, smaller leaks are often left undetected. Even when you're aware that there might be a problem, leaks behind walls, or in the ceilings or floors can be difficult to find. There are many ways a water leak in your building in Pompano Beach, FL, could be costing you money.

1. On Your Water Bill

The most obvious and direct way a water leak can cost you money is on your water bill. A slow dripping leak can waste between seven to ten gallons of water per day. Severe leaks can waste closer to ninety gallons per day. This all adds up on your water bill. By not addressing small leaks, you are wasting money. Take the time to fix leaks as you discover them. The cost of the repair will likely be less than the amount of money wasted by allowing it to continue to leak.

2. In Equipment Repairs or Upgrades

Leaks left unaddressed could lead to the need for pipe repairs and plumbing upgrades sooner than you would have needed them. A small leak can lead to a pipe break if allowed to go on long enough.

3. In Damages

Broken or leaky pipes can lead to damage to the structure of your building. Pipes are generally hidden behind walls or under floors. When a leak goes undetected, this allows time for the water to seep into the building materials. Water-soaked floors and walls can be susceptible to mold, often requiring extensive cleanup and repairs or rebuilding. Water damage specialists can help you recover from large leaks that cause major damage.

In the age of bills being automatically paid or deducted from bank accounts, it is still a good idea to review monthly charges for utility bills. A sudden spike in your water bill could be a clue that you have a water leak hidden somewhere. Consult a plumber to help locate the source of the leak and fix it as soon as possible to avoid wasting more money.