If someone told you that saving money on your hot water heating costs can be accomplished by following a few simple tips, would you be interested in learning more? How about tips on how to prevent the need for water heater repair? If you would like to know more about reducing your water heating costs and preventing the need for water heater repair, read the below information for important information that describes how to easily lower your water heating costs (which can, in turn, reduce the chances that your water heater will need repair).

Tips on how to reduce your hot water heating costs:

Insulate your water heater. Your water heater repair company should be able to offer you suggestions on the best possible insulation method for your water heater. According to Energy.gov, hot water heater insulation “could reduce standby heat losses by 25%–45% and save you about 4%–9% in water heating costs—and should pay for itself in about a year. You can find pre-cut jackets or blankets available from around $20.”

Turn off your water heater if you go out of town for more than a few days. There is no reason to keep a full supply of hot water in your hot water tank if nobody is going to be around to use it. It requires energy to keep the water hot, which can result in a higher monthly utility bill. If you feel comfortable turning your water heater on and off, this is something that you can do yourself. If you’d rather have a water heater repair company or a furnace repair company complete this task for you, make sure to schedule an appointment for the day you’re planning to leave town, and the day you are going to return home.

Lower the thermostat on your water heater by a degree or two. It’s possible to lower your monthly heating costs by lowering the temperature of the water in your heater. You may not notice the difference if you lower the temperature by a slight amount.

Consider a tankless water heater. If you are at the point where your water heater is near the end of its life and you are thinking about a replacement, make sure to consider a tankless hot water heating system. A tankless system is energy efficient because it does not require a tank that keeps water hot and ready for use 24 hours a day. This type of system is also desirable because it provides an endless supply of hot water to a home – which means hot water is always available for showers, dish washers and washing machines.

A water heater that is well-maintained often requires fewer visits from a water heater repair technician. Many furnace repair companies offer water heater maintenance services, and homeowners often schedule their yearly water heater maintenance and HVAC maintenance on the same day and with the same company – which helps make maintaining your systems much more convenient.