This Easy Fix Can Save You Money on Your Water Heating Bill Every Month

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It’s a good feeling when you can save money on your water heating bill, and there’s an easy way to do it without using less water or adding pricey equipment.

Some homeowners think that by continuously investing in high-dollar items like new water tanks and other energy-efficient items, they can lower their water heating bills, but there’s an easier and cheaper way to do it.

You Can Save on Your Water Heating Bill Right Now

All you have to do is lower the thermostat on your hot water heater.

According to the U.S. Department of Energy, the recommended thermostat setting for your water heater is 120 degrees even though some manufacturers set it to 140 degrees. If it’s higher than 120 degrees, you may be paying as much as $61 more every year.

There are two ways to check the temperature of the hot water in your home:

  1. Check the heater’s thermostat. Your water heater may have a thermostat on the outside, or you may have to access a control panel to see the dial inside the appliance.
  2. You can also check your home’s hot water temperature by running the hot water in one of your sinks for about a minute or so — until it’s really hot. Fill up a glass of water and put a thermometer in it to check the temperature.

If you find that your thermostat is set too high, lower it a bit to save on heating costs each month.

Of course, you may be wondering how well some of your major appliances will function if you turn your water heater’s temperature down.

Perhaps one of your main concerns is your dishwasher. The Department of Energy says not to worry about that particular appliance because many dishwashers have built-in heat boosters that reach 140 degrees: the necessary temperature to sterilize dishes and utensils.

Other Ways To Save At Home

You don’t have to buy expensive add-ons to lower your water heating bill. The Department of Energy says that you can enjoy water savings of 25%-60% by purchasing low-flow fixtures.

Here are some cheap accessories you can buy that money expert Clark Howard says can save you money on your water heating bill.

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Low-Flow Toilet

“I had a low-flow toilet put into my house,” Clark says. He says he went from using 3.5 gallons per flush to 1.1 gallons per flush and notes that some toilets even have two buttons: one that delivers 1.1 gallons per flush and another for 1.6 gallons per flush.

Price: You can find low-flow or high-efficiency toilets at Lowe’s for around $99.

Low-Flow Showerhead

Clark also recommends buying a low-flow showerhead. These work by blasting air to simulate a strong stream of water.

Price: You can find them for around $21 at The Home Depot.

Low-Flow Faucet

The Department of Energy says that low-flow faucets are a great way to save money on your water bill as well.

Price: You can find some low-flow faucets at The Home Depot for less than $25.

Read our guide on how to save on utilities.

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