Save Money with these Water Heating Tips
Save Money with these Water Heating TipsJanuary 16 / 2016
You can lower your energy costs without compromising comfort. Water heating accounts for nearly 18% of your energy bill making it the second biggest utility expensive in your home. Homeowners that want to save money on monthly water heating costs have four options:
- Adjust the unit’s thermostat
- Insulate the heater
- Use less hot water
- Purchase an energy-efficient model
Adjusting the ThermostatYou may not realize that your water heater has an adjustable thermostat that allows you to control the level of heating. Most models have 2-3 temperature settings. If you’re running your heater at the highest setting, consider lowering the thermostat to reduce energy usage. The only downside with this option is that your water may not reach temperatures you desire or stay at that temperature for a decent period of time. A comfortable setting that achieves energy efficiency is around 120 degrees Fahrenheit.
Insulate the HeaterIs your water heater installed near an exterior wall or in the middle of a room that is cold and drafty? Water heaters are typically installed in garages, basements, or utility rooms. Garages and basements tend to be cold and could be making your unit work harder than necessary. To overcome this obstacle, consider insulating the heater. Both natural gas and oil hot-water storage tanks can be insulated, but it’s important that you follow manufacturer recommendations for insulation. We recommend calling a professional plumber to help you insulate your water heater. You don’t want to cover the thermostat, burner compartment of the top and bottom of the heater. Professional insulation services are affordable and will protect your heater.
Use Less Hot WaterOne of the easiest ways to reduce your utility costs is to use less hot water. Although this is an easy, free method, it can be inconvenient. Homeowners like the convenience of hot water and limiting it may not be as easy to adjust to. However, if you’re committed to this change consider the following ways to limit hot water usage:
- Wash clothing in cold water
- Turn off the shower when lathering or shaving
- Put a time limit on showers