I was awoke by a chemical smell from my electric hot water heater. The past two weeks I noticed my shower was not getting/staying very hot during my 10 minute showers. Thinking not too much about it, I didn't do anything. Now this smell. I went out to the breaker and turned it off and turned off the valve. I have fans running to help with the smell, because it was leaking. I assume it needs replacing. However, since turning off the valve, my adjacent shower faucet won't stop running. How could these two be related? I moved in to this home nearly two years ago. There were a lot of things done half-assed, so my mind immediately goes to that.