Heating water is the second-largest consumer of energy in the typical Australian household. At 23%, it represents a significant portion of your energy bill.

With that in mind, reducing your hot water costs can have a significant impact on your monthly bill. Good thing that there are so many ways to lower those costs. Check out 7 great ideas here!

1. Fix Leaks

Drip. Drip. Drip.

A water leak is more than just an annoyance at night when the house is quiet. It’s also a major drain on your wallet. It might seem hard to believe, but a steady leak at one drip per second can waste an astonishing 6,000 litres of water per year!
Patch up all those leaks and start enjoying a lower energy bill.

2. Turn Down the Thermostat

A good temperature for most household hot water is between 60 and 65 degrees Celsius. Any more than that and you’re probably overheating your water and wasting energy.

Most systems have an exterior thermostat that makes it easy to control the temperature of your water. What if you’ll be having guests and using more hot water? You can bump it up a little to ensure there is enough for everyone, just don’t forget to turn it back down when everyone goes home.

3. Time Your Hot Water Heating

You might already be aware that electricity tariffs vary depending on what time of day you are using the electricity. During peak times, the price goes up. This means that if you can time your water heating to when the rates are lower, you can save money without changing any of your habits.

It’s easy to do this with a dedicated circuit for controlled-load rates (Tariff 31). If the dedicated circuit isn’t possible, you can hook your system up to a timer that will ensure your hot water system only runs during off-peak times.

4. Fill ‘er Up!

Dishwashers are fabulous for washing lots of dishes at once. Newer, efficient models also use less water to wash all those dishes than if you washed them by hand. However, this only works if the dishwasher is full when you run it. Avoid running the machine when you don’t have a full load.

5. Get a New System

If your system is getting old, it might be time to replace it. Newer systems tend to be more efficient anyway. Plus, you can choose a cheaper source of energy, such as solar.

Though the cost of installation is higher, you can offset it with rebates from the government and you’ll enjoy a lower energy bill each month. On top of that, you can feel good about helping to protect the planet.

Save Energy, Save Money

Hot water consumes a surprising amount of energy when you think about it. By following these tips, you can reduce your usage significantly. This will benefit both your wallet and the planet by reducing your household emissions.