In terms of energy use the electric hot water heater is a born loser. That’s because most homes have a conventional storage-type water heater. The water storage tank works nearly constantly to keep water hot and ready whenever you want it. But as the water sits in the tank it naturally cools down. When the water cools, the heating element cycle comes on to heat it up again. This is a constantly repeating cycle. Here are a few tips to reduce your water heating costs:

Turn Down the Tank’s Thermostat

For every 10 degrees you turn it down, you’ll save 3% to 5% on your electric bill. Most water heaters come preset at 140 degrees. A setting between 110 and 120 degrees is adequate.

Use Less Hot Water

One sure way to cut hot water costs is to use less of it. A family of four showering five minutes a day uses 700 gallons of water each week. Installing low-flow showerheads and faucet aerators will cut your hot water consumption by 25% to 60%. In addition, you’ll save on your water bill. Also use the “economy” setting on your dishwasher, and break the pre-washing habit.

Drain the Sediment

Tanks naturally build up sediment, especially if you have your own well. The sediment reduces the efficiency of your hot water heating capability. To drain the sediment turn off the water and power to the unit. If it’s a gas unit, set the burner to “pilot”. Connect a garden hose to the spigot at the base of the tank. Open the spigot to drain the tank. This will purge any sediment from the tank.

Insulate Exposed Hot-Water Pipes

By insulating the hot water pipes the water will arrive at the faucet 2 to 4 degrees warmer. This isn’t not an expensive DIY job. Self-sealing sleeves that slip over the exposed pipe cost approximately $2.500 for a six foot length.

Insulate Your Hot Water Tank

If you have an uninsulated older tank, wrapping it with an insulating blanket is a cheap and easy way to reduce costs. Most new models already are insulated. For older models, an insulating blanket can cut heat loss by 25% to 45% and save 4% to 9% on the average hot water heating bill cost. Insulating blankets are easy to install and cost approximately $20.

The suggestion can reduce your hot water heating cost.

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