How much $$$ do you spend on energy bills every month? $100? $200? More?! The majority of that goes to heating/cooling the house, but the second biggest portion goes toward your hot water. If you spend $200 a month on your utilities, about $40 boils off in your hot water.
But you don’t actually have to spend that much your hot water. A few easy changes can cut that expense in half. Over the course of a year, it’s little savings like this which make the biggest difference to homeowners. Compounded over multiple years, you can save thousands of dollars by just:
Buy a tankless water heater
Instead of heating and reheating water in an endless cycle and instead of renting your water heater for eternity, own your new tankless water heater with a monthly cost of ownership plan with an end in sight (and more affordable payments than your rental payments).
Tankless water heaters only heat water when you need it, and some models are as much as 40% more efficient than water tank models.
Changing the bad habits
The most inexpensive way to cut your hot water costs is to look at the habitual ways you use hot water and evaluate whether it needs to be so.
- Do you leave water running when you hand-wash dishes? Fill the sink basin and cut water use significantly.
- Do you leave the water running when you brush your teeth? Turn the faucet off or, even better, brush your teeth in the shower.
- Do you use hot water in the washing machine? Stick to cold water and cold water detergent for your clothes.
- Does anybody in the house take baths? Get them to switch to showers. Showers use about half as much water (if they aren’t marathon, 30-minute showers).
Tighten up the system
When was the last time you checked for leaks in your faucets, showerheads and pipes? Small leaks add small dollars to your bills every month, but it’s 100% waste. So even if you only spend $2 a month on leaky faucets and pipes, fix them up and stop throwing away that money.
Protect the heat you pay for
Exposed hot water pipes can lose as many as 4 degrees of heat between the hot water tank and the shower. That’s energy you paid for, and it shouldn’t be allowed to dissipate like that. Insulate those pipes. It’s a small investment in both money and time, and very worthwhile.
Modernize your fixtures
Did you know that up to 25% of your home’s water could potentially be lost through showering? Take a bite out of that with a low flow shower head. A good one will cut your water use by as much as 60%.
There are two basic types of low-flow showerheads: aerating and laminar-flow. Aerating showerheads mix air with water, forming a misty spray. Laminar-flow showerheads form individual streams of water. Both are better than your old shower head. It’s a small investment that pays for itself over the course of about 2 years.