Just a few adjustments and habit changes and you can save money with your water heater. These tips apply to the traditional water heaters. If you have a heat pump or an on-demand water heater, you have a good energy saver unit.
- Check you water heater and see what the temperature is set at. Most heaters are around 140 degrees. Move your heater to 120 degrees and you will save up to 10% on your electric bill.
- Do the hand test. Put your hand near the hot water heater and if you feel heat, you have heat escaping from your heater. You can go to Lowes or Home Depot and get a thermal wrap to insulate your water heater. It will cost around $28. But this is a one time expense. According to Energy Savers you will save in between 4%-9% on your electric bill.
- Replace the dinosaur. If you have a water heater that is approaching it's end, go ahead and replace it if you can. Water heaters last 15 - 20 years. But as they get older, they are not as energy efficient. Check with Energy Star and see what water heaters will be right for your family. You can receive 10% or up to $300 for replacing your water heater for a new energy efficient water heater.
- Change your shower heads and use the shower. If you change your shower head to a low flow shower head you will save up to $60 on your annual bill. If you take showers instead of a bath, drum roll..... you will save around 30 gallons of water per bath. That is HUGE! A normal bathtub hold 50 - 60 gallons of water.