While going for hot water heaters, one thing that we need to look for efficiency and better productivity. Energy efficient cooling system that maximizes productivity and cuts down meaningless expenditure are the two factors that we need to consider.
People who manufacture or install hot water heaters usually set the water temperature at a range of 140 to 160 degrees Fahrenheit. But, households normally do not need to keep such a high temperature. Reducing the temperature can actually benefit you in many ways: preserve the equipment in the first place, save on energy costs and ensure more safety.
Florida Power and The U.S. Department of Energy advise that the water heater temperature should be kept to a minimum 120 degrees. This is in a bid to make the product more energy efficient and increase longevity. Due to this, there will be less mineral buildup, less corrosion of the pipes etc; with the machine running at optimum efficiency.
Florida Power claims that an average household spends nearly 20 to 25 percent of its energy on water heating. So, if one reduces the temperature from 140 to 120 degrees, there can be a reduction in energy consumption by ten percent.
Hot water and air conditioning actually take up a major portion of your energy bill. By heating water in an efficient manner, you can save a lot of money that you can use for better investments. A heat pump water heater can actually reduce the cost of water heating thanks to a new technology that is 50 percent more cost effective than the standard electric water heater. Besides, it can also be used to reclaim energy from the water, air, and ground and directly heat water in the process.
In order to qualify for this, the electric water heating system has to be installed with a special tank or pre-heat tank that reduce backup strip element use and improve efficiency. It should be compliant with Florida codes regarding installation and operation of the equipment.
It is important to install high energy efficient water heating equipment especially for businesses that need a huge flow of water throughout the day with continuous cooling system in play. The technology is actually well suited for industries like hotel, manufacturing, medical etc.
Compared to a standard water heater, if you take a heat pump water heater; you can save money in the following manner:
Let’s say the heat pump water heater costs $6000 and the installation costs come to $4,500. The Florida Power & Light Company, largest electric utility in Florida says the incentive could be $1500. The total energy savings in a year can be: $1,190 ($1,100 in water heating costs and $90 in cooling costs). Yu can expect the payback in three years for new construction.
