That is where a hot water heater blanket comes in to save the day. It might cost as little as 10 dollars, and would benefit you in quite a lot of ways. For instance, think about your hot water storage system – if it’s more than a few years old, then it might not be insulated properly. If the sides of the tank are warm, then you need a hot water heater blanket. The jacket of this reduces the heat loss by a large percentage, and thus increases your savings at least up to 10% of your water heating costs.

However, there is one major thing that you need to take into consideration. That is that some water heaters’ manuals specifically state that a hot water heater blanket shouldn’t be used. So before you go out and buy one, check what the manual says. This could help you from wasting money.

A hot water heater blanket is quite easy to install, and you will also get a set of instructions. If you have an electric heater, it would probably be a good idea to view the Department of Energy’s guide to installation. If your heater runs on gas or oil, then the installation would probably be a little more difficult. Therefore it would be a good idea to get in a plumber for the job.