My 30-year-old 80-gallon electric water heater has begun to not work very well. When taking a shower, after about five (5) minutes, the water begins to lose its heat, and I have to turn the cold water almost completely off in order for the water to remain warm.
The thermostat on my water heater is set to 120 degrees Fahrenheit. I have troubleshooted online and I've read where the dip tube could be cracked or have some sort of other problem. I just recently drained out my water heater to remove sediment that was built up, thinking that this might fix the problem, but the same problem still exists. I don't think that the previous home owner ever did this.
Is it worth the money to call a repair person to investigate the problem, or should I shell out the bucks for a new one?
Thanks for any advice, Kevin