Once you think about the ways to save on your electric bill monthly, most people reach for the thermostat or the light switch. But, what you should know is that one of the systems that consume energy the most in your home is your water heater.
If you don’t wash your money down the drain, below are some of the water heater tips you can consider to save money all year long:
- Perform Regular Water Heater Maintenance
Performing regular water heater maintenance won’t only extend your unit’s service life but it’ll also save you money on your monthly utility bills. Checking your water heater’s anode rod and flushing the tank’s sediment will ensure an efficient operation. Moreover, performing regular maintenance can ensure that all Whirlpool water heater parts are working and don’t have any damage.
- Try To Avoid Hot Water Circulating Pumps
Hot water circulating pumps will keep the hot water flowing through your home’s pipes at all times. They may save a great deal of water, but such will just cause a spike in your electric bill. Moreover, the added heat in the walls and floors will make your air conditioner work overtime, which will push your electric bills higher.
Circulating pumps means that you’re using heat constantly. It may mean using 2 or 3 times as much energy as your average usage.
- Set A Timer
One of the ways to save money with a water heater is to install a quality and durable voltmeter. If you have a tankless water heater, you won’t need it because such types of units only heat water when needed.
On the other hand, a tank water heater doesn’t take a break. It keeps your tank full of hot water at a particular temperature the whole day. That’s more money and energy wasted, as you don’t typically use hot water when you’re at work or you’re asleep.
Therefore, if you’re using a conventional tank water heater, install a timer or a voltmeter immediately. Depending on your schedule, you can program your water heater to turn off. With a timer, you can turn off your electric water heater during your busy hours.
- Reduce Consumption
You can save more money with your tankless water heater if you reduce consumption. So, whenever possible, wash your hands or clothes in cold water. Other strategies you can consider may include installing a small point of use heater at your handwashing sink or install a smaller main water heater.
But, when you decide to install a small water heater, take note that it may overwork if you consume more than its capacity, which can result in a shortened lifespan and increased maintenance that can boost your overall cost.
- Insulate Your Tank And Pipes
Insulating your water heater tank, whether you’re using oil, natural gas, or electric, prevents the unit from running frequently and helps reduce heat loss. Be careful to follow the recommendations of the manufacturer that include not covering the burner, bottom and top part, and the thermostat. If you’re not sure about what you’re doing, call a local plumber for professional assistance.
Aside from insulating the tank itself, you should also insulate your cold and hot water pipes. This won’t just prevent fire hazards, but it can also help conserve heat, so your system doesn’t need to work hard to reheat.
It’s never impossible to save money from using your water heater. Tweaking your usage habits, insulating your pipes and tank, and performing regular maintenance to your unit can make a difference to your monthly bill. Also, if your water heater is too old, consider replacing it with a more energy-efficient unit to enjoy more savings.