3 Ways to Save on Your Water Heating Bill

By | February 8, 2021

If you live in a region where winter can be extremely cold, you’ll understand the importance of having a steady supply of hot water inside your home. However, you could pay a high energy bill at the end of the month if you don’t keep watch of your water heating habits. 

Here are 3 ways you can save on your water heating bill this winter:

Water Heating Bill

Insulate your water heater

If you have an old water heater at home, it might not be as well insulated as the newer models today. Make sure to add insulation to your water heater to reduce standby heat loss. According to the United States Department of Energy, insulating your storage tank can save you about 7% to 16% in water heating costs. 

Drain the trank

When there is sediment buildup inside the tank, your heater will be forced to work harder. That translates to expensive water heating costs. Experts recommend draining the sediment from your water heater tank once every six months or quarterly. This water heater maintenance task only takes a few minutes to complete, so don’t put it off. 

Lower the thermostat

Take the time to make the trip to your garage or basement and adjust your water heater thermostat. It would be ideal to lower the temperature in your water heater to 120°F. The Department of Energy claims that for every 10ºF reduction in temperature, you can save from 3% to 5% on your water heating costs.

When it is time to install a new water heater

Does your energy bill continue to rise despite your efforts to save hot water and properly maintain your heater at home? If yes, you need to replace your old water heater with a newer, high-efficiency model. Many homeowners prefer the use of tankless water heaters because of their endless benefits, which include superior energy efficiency, longer lifespan, and ease of installation. It is high you make the switch to tankless water heating, too. To learn more about the many benefits of tankless water heaters, talk to a licensed plumbing contractor in your local area today!