Are you tired of watching your hard-earned money go down the drain every month due to high water heating bills? You’re not alone. Water heating accounts for a staggering percentage of energy consumption in American households.
That’s why this article will go over tips to help you as a homeowner save money on your water heating bills.
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Lower the temperature setting on your water heater
One of the easiest yet often overlooked ways to save money on your water heating bills is to simply lower the temperature setting on your water heater. Most manufacturers set their heaters at a default temperature of 140°F, but you can comfortably enjoy hot showers and handle household activities with a setting as low as 120°F.
To adjust your water heater’s temperature, locate its thermostat – usually found behind an access panel for electric models or near the bottom for gas models – and turn down the dial to around 120°F.
As an added bonus, lowering the temperature helps extend the lifespan of your water heater since it reduces mineral buildup and corrosion inside the tank.
Insulate your hot water tank and pipes
Insulating your hot water tank and pipes is another easy and cost-effective way to reduce your energy consumption and lower your monthly bills. Many newer water heaters come with insulation already installed, but if you have an older model or notice that your tank feels warm to the touch, it may be time for an upgrade.
Adding a layer of insulation can help trap heat inside the tank and prevent it from escaping through the walls, thus reducing standby losses. Insulating your hot water pipes will also keep them warm between uses, so you won’t have to wait as long for hot water when you turn on the tap.
This can result in significant savings over time since less cold water will need to be mixed in to reach a comfortable temperature.
Use energy-efficient appliances
One of the easiest ways to save money on your water heating bills is by using energy-efficient appliances. Upgrading to a more efficient water heater can significantly lower your utility bills, and there are several options available depending on your preferences and budget.
For instance, tankless water heaters use up to 30% less energy than traditional models because they only heat water as needed rather than storing hot water in a tank.
Additionally, high-efficiency electric or gas-powered storage tank water heaters have better insulation and higher recovery rates, making them more efficient at heating and keeping the water hot.
You may also want to consider investing in an ENERGY STAR-rated dishwasher or installing low-flow showerheads that reduce both the amount of hot water used per minute and overall usage time.
Repair any leaky faucets
Another quick tip to save money on your water heating bills is to make sure that all of your faucets are leak-free. A single drop per second from a faucet can waste up to 3,000 gallons of water in a year and can significantly increase your hot water bill.
A leaky faucet means that you’re wasting both water and energy – hot water leaks mean more energy is required by the system to provide hot water for use. It’s also bad for the environment because if everyone does not properly handle leaking taps or fixtures, it could result in a severe shortage of clean drinking water and increased pollution levels.
Therefore, inspect all your plumbing systems regularly for leakage, breakage or other problems that may affect their performance.
In conclusion, implementing these quick tips to save money on your water heating bills is a no-brainer. Lowering the temperature setting, insulating your hot water tank and pipes, using energy-efficient appliances, repairing leaky faucets, and practicing good hot water usage habits can help you reduce your utility bills significantly.
Not only that, but maintaining your water heater properly will increase its efficiency and lifespan while lowering your carbon footprint.