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  2. Jan 8, 2024 · If you install tankless water heaters at each outlet (shower/sink) instead of a centralized system for your entire house, you can save even more; between 27% and 50%. Switching from a tank-style water heater to a tankless water heater will save a family of four an average of $100 per year or over $1500 throughout the lifetime of the system ...

  3. Oct 5, 2018 · Heating water for showering, doing laundry, washing dishes, and other tasks is a household's second largest energy expenseafter heating and cooling—according to the U.S. Energy Information...

  4. May 9, 2023 · Tankless water heaters make homes 8% to 34% more energy-efficient and save money on energy costs but you'll need to consider the higher initial cost of the heater.

    • Open and close curtains, shades, and blinds strategically. Don’t leave your windows untouched! A Department of Energy study found that “75% of residential window coverings remain in the same position every day,” representing missed opportunities to conserve home heating and take advantage of solar heat.
    • Deal with drafty windows and doors. Applying weather stripping around old windows and door frames can improve your home’s insulation, but it can also be expensive and time-consuming.
    • Keep windows clean and remove the screens. Most of us probably forget to wash our windows as part of our housecleaning routine. Jon notes that regularly removing dirt, dust, and grime from windowpanes is an easy way to allow more light (and thus more heat) into your home.
    • Cook with countertop appliances. If you already own smaller electric appliances—like a toaster oven, air fryer, rice cooker, or an electric pressure cooker such as the Instant Pot—consider using them instead of your larger electric oven or range.
  5. Nov 21, 2022 · Regardless of exactly how efficient your specific system is, you can always save money on water heating with a tankless system. According to the Department of Energy, tankless water heaters typically save homeowners around $100 per year on energy costs when compared to storage tank water heaters.

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  6. Apr 20, 2023 · After the initial cost, a heat pump water heater will save you hundreds of dollars a year, on average, when compared to traditional gas or electric hot water heaters.

  7. Jun 1, 2017 · Want to save money on your water heating bill? Water heaters account for about 18% of your total energy bill. Learn how to create a more efficient home with our water heater tips.

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