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Ignoring Your Hot Water Heater Could Waste Your Money

hot water heater

You turn on the hot water faucet and soon you have hot water. If you’re like most people, that’s about all you know about your hot water system. In some cases, your hot water heater might be hiding where you don’t even see it. But did you know it’s likely the 2nd largest energy user in your home?

Yep, that’s right. Masters Heating & Cooling wants you to spend some time thinking about an appliance that can easily cost you $700 or $800 a year to operate.

It you want to cut your hot water bill, you have three basic choices:

 

  • Use less hot water in your home. It’s not as hard as you think. Make sure to fix any leaky faucets. According to energy.gov, a faucet dripping once a second wastes hundreds of gallons a year. Money you spent to heat that water is going down the drain.
    Use cold water to wash clothes instead of warm or hot. Energy efficient dishwashers and clothes washers can help. Install low-flow shower heads and take shorter showers

  • Make your current water heater work more efficiently. Your hot water doesn’t need to be scalding. There’s no good reason for it. Make sure your hot water heater is set to 120°, or the warm position. If it doesn’t have an insulating blanket, buy one. It can pay for itself in a year or less.

  • Replace your current system with a new, more efficient hot water heater. Everyone knows what a traditional water heater looks like. It’s an insulated tank usually holding 50-plus gallons of water. It can be a gas or electric water heater.

Masters wants you to know there are other options. You might want to consider a so-called tankless water heater. It heats the water as you use it and doesn’t have to keep the entire supply hot all day, every day.

Many have praised the tankless systems in recent years. They have advantages, but they are not the best choice for every situation. Let our professionals help you make an informed decision. If you decide to go tankless, Masters features the Rinnai brand, the industry leader.

Just remember, whether you live in Angola, Decatur, Fort Wayne, or points in between, “out of sight and out of mind” is not a good thing when it comes to water heaters. It could be costing you a lot of money.

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