Saving Hot Water Can Save You Money

According to SRP, up to 20% of their average customer’s annual energy usage goes towards producing hot water for every day tasks such as laundry, bathing, cooking and dishwashing.  Employing a few simple tips can help you save money while also saving water and energy.

  • Identify and repair all leaky water faucets.  A slow drip can leak hundreds of gallons of water per year.  If it’s a hot water leak, both the water and heating it will cost you money.  Be sure to turn off faucets completely and teach your kids to properly turn off faucets.
  • Set the thermostat on your water heater to 120 degrees.  Lowering the temperature from 140 degrees to 120 degrees can save you up to $7 per month.  Setting your water heater thermostat to 120 degrees can also reduce the risk of scalding accidents, which are especially a concern with young children and the elderly.
  • If you participate in a peak-hour type program with your electric company, you should consider installing a timer on your water heater.  Set the timer in a manner that will prevent the water heater from cycling on during the expensive, on-peak hours.
  • Instead of taking baths, take short showers.  A bath can use 15-25 gallons of water, while an average 5-minute shower uses less than 10 gallons.
  • Consider installing low-flow faucets or aerators in your kitchen and/or bathroom.  This can reduce consumption of hot water by up to 35%.

The above figures are based on a typical SRP customer with an electric water heater.  However, saving hot water can also save you money if you have a gas water heater!

Source:  SRP’s Contact, February 2006

Comments

One response to “Saving Hot Water Can Save You Money”

  1. Atlanta Home Inspector Avatar

    Unfortunately most utility companies have minimum fees and lowering your water heater temperature below a certain amount does absolutely nothing to save you money. I personally wouldn’t sacrifice too much comfort. After some long term testing in my own home I found that there was no difference between 125 degrees and any amount lower than that on my gas bill. A lot of people forget about minimum fees.

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