It’s not uncommon for water heater costs to claim up to 15% of your home energy costs. Fortunately, there are a number of easy ways that you can reduce the cost of heating water for your home. Continue reading to see how you can start saving money by reducing the operating cost of heating your home’s water.
Cut Down on Water Usage
Using less water is the most effective way to save money and energy. To accomplish this, minimize time spent in the shower, only run the dishwasher when it is full, and use water-conserving showerheads and faucet aerators.
Turn the Heat Down
Adjust your water heater’s thermostat so that it is at the lowest possible setting while still providing enough hot water for your needs. For every 10°F reduction, you can expect to save between 3-5% on water heating costs.
Turn Off the Water Heater When You’re Out of Town
Turning your water heater off when you’re not using it is an easy way to save money. When you return, you will have to turn the water heater back on and wait an hour for the water to heat up. If you have a gas-powered water heater, you’ll have to relight the pilot light.
Insulating your hot water pipes reduces heat loss when the water is flowing from the heater to the faucet. Furthermore, it minimizes standby losses that occur when hot water from the tap is turned off and then back on again in a short period of time.
Invest in a Tankless Water Heater
If you want to virtually eliminate standby losses and increase your energy efficiency by as much as 34%, buy a tankless water heater. This type of water heater heats water only as it is needed, uses less water, and lasts longer than other water heaters.
To learn more about lowering your water-heating costs, call Wholesale Tankless, Inc. at (877) 278-2253. We offer a wide variety of Rinnai tankless water heaters. Visit our website to take a closer look at our selection of water heaters and to discover the advantages of tankless water heaters.