Water
According to the Department of Energy, the average American household spends between $400 and $600 each year on water heating alone. This cost will vary depending on the electricity rates in your area and your water heating unit's efficiency.
Kilowatts measure the rate at which electricity moves through an appliance. More kilowatts mean more electricity, and bigger water heaters will typically use more watts. The average water heater runs at around 1125 watts, though some more powerful water heaters can use up to 4000 watts.
Tankless water heaters
The average home spends $400-$600 a year on water heating, so the savings can be up to about $200 a year. Purchase and installation prices range from $600 to $5,400, according to our review of online estimates.
What costs the most on your electric bill? Heating and cooling are by far the greatest energy users in the home, making up around 40% of your electric bill. Other big users are washers, dryers, ovens, and stoves. Electronic devices like laptops and TVs are usually pretty cheap to run, but of course, it can all add up.
Water heating accounts for about 18% of your home's energy use and is the typically the second largest energy expense in any home. You can reduce your water heating bills in four primary ways: Using less hot water. Using energy-saving strategies, such as turning down the thermostat on your water heater.
Temperature Is Too High
The most obvious reason for a high water heater gas bill is if the temperature is set too high. According to experts, most homeowners should keep water heater temperatures between 120 and 140 degrees F.
It is certainly possible for a water heater to increase your utility bill. Several factors can reduce the efficiency, including a unit that is too small, too old, bad water, or an incorrectly set thermostat can increase the energy bill. Leaks and long pipes can increase your water usage.
In fact, according to Energy Star, a 50-gallon conventional storage-tank water heater will use about $695 worth of electricity per year – more than any other appliance in your home!
Typically, a hot water heater that uses a tank will run for 3 to 5 hours per day. So, a 4,000-watt heater used for 3 hours a day at 10¢ per kWh will cost $1.20 per day, about $36.50 per month, or $438 per year.
It's better to leave the hot water heater on all the time, rather than turning it on and off. This is a very common energy saving myth. But in fact, you really don't need to be heating your water all the time.
In most instances, the answer to our last question is no. If your water heater is constantly running, there is probably a problem.
Using a space heater 8 hours per day will use about 84 kilowatt-hours of electricity per week. It costs an average of $51.65 to run a space heater for a month and $258.26 to run for a year.
It's generally a sliding scale. We might markup a $3 valve to $5 (66%), but a $1,000 water heater might only go to $1,100 (10%). If it's a bigger job, I'd just apply 30–40% across the board.
According to the U.S. Department of Energy, about 18% of your electricity costs are directly tied to your water heating system.
If you have a leaking water heater, your water bill will increase. Most people don't think to check their water heater when they discover their water usage has been increasing month-over-month.
Having a water heater that's too big or too small for your household is one of the main reasons you may be seeing higher energy bills. On average, a 30-gallon tank is sufficient for 2 people, a 40-gallon tank is good for 3-4 people, and a 50-gallon tank suits 4-5 people.
An unusually high water bill is most often caused by a leak or change in water use. Some common causes of high water bills include: A leaking toilet, or a toilet that continues to run after being flushed, most common. A dripping faucet; a faucet drip can waster 20 gallons or more of water a day.
In terms of your water heater, how quickly it heats water determines the overall energy efficiency of your unit. If your heater is taking too long to warm up the water for use throughout your home, it can send your electricity bill skyrocketing.
Newer models require specialized tools and training to install, and the associated labor costs can add up quickly, making the total cost of the water heater higher than you expected. Be sure to ask about installation costs and if it includes special fees like additional pipes, wiring, or permits.
The most common reasons for a big jump in your electric bill include changes in your lifestyle, increased usage of energy-hungry appliances, and sudden weather changes.
Whether you're using your air conditioner in summer or your furnace in winter, this makes up the biggest expense on your electricity bill. In fact, heating and cooling account for close to half of an average household's energy usage. The next highest contributor to your electricity bill is your water heater.
The Givoni or Woods diagrams show a direct relationship between air speed and the drop in temperature felt by users of the room. In this case, a ceiling fan will consume between 20 and 50 watts (still a long way from the consumption of an air-conditioning system (800 to 1500 watts, i.e. 30 to 40 times more).