5 Ways to Minimize Your Water Heating Bill
Water heating systems are an essential part of all households. They make the harsh cold winters bearable for us. However, heating systems can cost you a hefty amount of utility bills if not used correctly. Water heating takes up 18% of the total energy consumption of your house. That’s the highest percentage after heating systems and can take a heavy toll on those who live paycheck to paycheck.
If you’re experiencing a rise in your utility bills, it’s time to take action to reduce it. Here are some hacks to help you minimize your monthly water heating bill.
Keep The Temperature Low:
This doesn’t mean that you won’t get hot water at all. Maintaining a temperature of 120 degrees Fahrenheit will not only keep your water supply hot, but it’ll also save you a few bucks in your heating bill. It reduces both, standby losses and consumption, resulting in savings. If the thermostat of your water heater is set too high, you’ll lose $36 to $61 in standby losses and around $400 for demand loss every year.
Whether it’s a pipeline leak or a dripping faucet, both can be a disaster for your budget and become a key factor in the rising water and heating bill. Around 2,000 to 20,000 gallons of water is wasted annually by an average household. This often goes unnoticed by homeowners and is quite visible in hefty utility bills. Therefore, maintaining your plumbing system can save you from water loss and reduce your heating bill as well.
Insulate Your Hot Water Tank:
Insulating your hot water tank can be an investment for your home. It’ll trap the heat inside the tank and keep water warm for a longer period of time. It reduces your heat loss by 25–45%. This eliminates the need for constant heating, giving your water heater some rest.
Keep Your System Up-To-Date:
If you haven’t upgraded your water heater in ages, now is the time for a new one. Traditional water heaters consume a lot more energy than new ones. The latest tankless water heaters are extremely efficient and supply hot water constantly. They consume less energy and lower your utility expenses.
Planning a tankless water heater installation in Fort Worth, TX? Reach out to Pro Serve Plumbing for all sorts of plumbing services. Call us today at 817-244-0614 to schedule an appointment.