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Because of this, Apple will replace the power button, free of charge, on iPhone 5 models that are having this problem, and also that have a “qualifying serial number.” You can find out if your ...
Apple will replace the faulty sleep/wake button on the iPhone 5 under this program.
DISCONTINUED: iPhone 5 power button replacement programme Apple also confirmed that some iPhone 5 smartphones had a defective power buttons and offered a free replacement.
A local repair shop quoted $20 for diagnostics and $55 for a power button replacement, so I'm glad this was a relatively cheap lesson - keep your old smartphone battery unless it's 100% dead.
To see if your phone qualifies, just enter its serial number at Apple's iPhone 5 Sleep/Wake Button Replacement Program page. The program states that it will replace the button mechanism.