Did you know insulating your electric water heater could reduce standby heat loss by 25% to 45%? This could save you 7% to 16% on annual water heating costs.
Insulating your electric water heater is an easy, inexpensive project that can improve energy efficiency and save you money each month. The Department of Energy rates this project level as medium difficulty, meaning most homeowners can tackle this project on their own. You can purchase pre-cut jackets or blankets for about $20 at most home improvement stores. Visit energy.gov for project tips and additional considerations.