Another way how to save money on water heaters
Interesting way to save money on your power bill - Water Heater Insulation Blanket (available in your local hardware store for around $21). Adding an insulation blanket to your water heater can decrease heat losses by 25% - 45%. Standby heat loss is only small part of energy used by your water heater. Overall energy savings are usually between 5% - 10%. A customer in Alabaster, Al installed on of these blankets last week. He expects savings up to $55 per year.