Heating water for use in your home is generally a big home expense, typically the second largest energy expense in the dwelling. About 20 percent of your utility bill is used by your water heater. With a few simple tips and some long-range planning, you can save big on water heating in your home.
Cutting down on your water heating costs
Reduce hot water use
Turn down the thermostat
Insulate the heating unit
Buy a new, more efficient model
Water heating tips to save you energy and money
Use low-flow faucets and showerheads.
Fix faulty and leaky faucets.
Set your thermostat at 120 degrees instead of the typical factory setting of 140 degrees.
Insulate the storage tank.
Insulate the few feet of pipe connected to the heater.
Install heat traps on pipes at the water heater.
Keep the unit free from sediment by draining it a couple times a year.
While the short-term solutions listed above will save you some money, there are also some long-term strategies you can effectively use to save energy and money. In the long run, these savings can add up to significant amounts of money. In some cases, there are tax incentives for installing more efficient water heating systems.
For long-term water heating savings, consider buying a more efficient, Energy Star-rated water heater or upgrade to a tankless unit.
For expert advice on water heater savings or other home comfort needs, contact Rheem Pro Partner. In the Denver and Colorado Springs area, you can count on our independent contractors to give you the best advice and service in the industry.