How to Calculate How Much You Spend to Heat Your Water

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How to Calculate How Much You Spend to Heat Your Water

The next time you pay your utility bill, try one simple calculation. Divide the total amount by seven. The result is the amount you spend to heat your water. (If you receive separate utility bills for gas and electricity, use the gas bill for this calculation if you have a gas water heater; use the electric bill if you have an electric water heater.)

Of course, you may think this cost is a small price to pay for the convenience of a hot shower. But during the course of a year, this cost adds up. And when you consider that 95 million households in this country pay the same percentage, it is easy to see how much money—and energy—is used to heat water.

Several measures can help you decrease water-heating costs in your home. Some specific actions include reducing the amount of hot water used, making your water-heating system more energy efficient, and using off-peak power to heat water.