Hot water is an essential component in our day-to-day lives especially during the current COVID19 pandemic. Thus, it makes perfect sense to tweak your hot water heater set up and usage habits so that you can save money and ensure the long life of your unit. Below are 5 money-saving water heating tips (many supported by energy.gov) that will cut down on your water heater costs.
- Lower the thermostat: A reduction in the temperature of your hot water heater’s thermometer can result in significant savings. In fact a 10-degree reduction can save you anywhere from 3 to 5 percent on your heating bill and lower your family’s risk of burns.
- Repair leaky faucets: Did you know that a faucet with a slow leak - 60 drops per minute - wastes more than 3,000 gallons of water a year? If the leak is coming from your hot water tap then you are losing both water and heat energy. If you have slow leaks anywhere in your home do not ignore them.
- Don’t let the water run too long: Do you leave the water on when brushing our teeth or when shaving? Well, many people do. However, all those extra minutes can add up over time and waste gallons of water per year not to mention heat energy. You can save water and reduce energy costs by simply not letting the water run for too long when performing these tasks.
- Insulate the tank: Insulating your storage tank (whether it’s electric, natural gas or oil) prevents it from coming on as often. If you do decide to insulate your tank, consider hiring a professional plumber to help.
- Consider purchasing a new water heater: If your water is more than 10 years old it can almost certainly stand to be replaced. Old water heaters are not as efficient as newer models. Additionally, they may also leak or cause other problems for owners.
Water heating can account for around 12% of a family’s utility bill—the biggest chunk after space heating and cooling. This is why it is important to know how to get the most out of your current water heater and to even consider replacing your old water when it no longer meets your needs. This applies to both residential and commercial hot water heaters. We can help by providing commercial water heaters from some of the most respected manufacturers in the business.