Save with electric water heating
Electric water heaters operate at up to 96% efficiency, with heat pump water heaters exceeding 200% efficiency. That means they waste almost no energy—or money. Compare that to fossil fuel models that are at best 90% efficient.
There are several electric water heater options available:
- Heat pump water heaters
- Standard water heaters
- Grid interactive water heaters
- Commercial water heaters
We offer several ways to help you save with electric water heating, including generous rebates. And to save every month, water heaters also may be installed on certain electric space-heating rates, including the Dual Fuel, Deferred Load, and Residential Demand Control Rates, which are 30-50% less than our standard rates. An alternative we offer to customers not interested in, or not able to install a separate service panel, is an $8 monthly bill credit in return for allowing us to control water heaters wired to their firm-service meters.
Tips for reducing your water heating costs
- Install faucet aerators that will help you use less water.
- Insulate long runs of hot-water supply pipes, especially sections that pass through unheated spaces.
- Repair or replace leaky faucets. A faucet that leaks one drop per second wastes more than 2,300 gallons of hot water per year, which could cost as much as $36. The replacement washers needed to repair a leaky faucet cost only a few cents.
- Lower your water heater thermostat to 120°F. Or ask your plumber to raise the temperature and install a mixing valve to the line. A properly installed mixing valve on an 80-gallon water heater increases usable hot water to 120 gallons and adjusts the temperature to a lower (safe) level as it leaves the tank.
See what you could save with electric water heating
Use our water heating rate comparison calculator to see which rates could meet your energy needs and save you money.