How to Cut Down on Water Heating Costs
Did you know 18% of your energy bill goes to heating water? However, making a few adjustments can help you save money and energy from heating water.
According to the U.S. Department of Energy, that adds up to thousands of dollars each year!
The good news is that there are plenty of simple ways to boost your home’s energy efficiency and save on water heating costs.
Easy Ways to Save on Water Heating
1. Reduce Hot Water Usage
- Fix any leaks, install low-flow showerheads and faucets, and opt for high-efficiency washers and dishwashers.
2. Lower Your Water Heater Temperature
- Set your water heater to 120ºF. For every 10ºF you lower the temperature, you could save up to 5% on your energy bill. Plus, it helps slow down corrosion.
3. Insulate Your Water Heater
- A $40 insulation blanket can help you save up to 9% on energy costs. It’s a small investment with a big payoff.
4. Insulate Your Water Pipes
- Insulating your pipes can deliver water that’s 4ºF hotter, reducing the energy needed to heat it.
5. Install a Timer
- If you have an electric water heater, consider a timer to turn it off during non-peak hours, like overnight.
6. Use Greywater Heat Recovery Systems
- These systems can recover up to 90% of the heat, usually lost down the drain. It’s an upfront cost that can lead to long-term savings.
Make It Happen
Some of these tips are more expensive than others, but many are budget-friendly and can be done without a plumber, especially if you’re into DIY projects.
As a homeowner, you have the power to control your energy use. By applying these energy-saving strategies, you’ll not only save money each month, but you’ll also extend the life of your appliances and plumbing.
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