Electricity bills are about to go up as the season changes and temperatures drop. One of the biggest domestic energy guzzlers is the electric hot water system.
According to SwitchWise:
“If you have an electric hot water system with a storage tank then you are well on your way to having a shocking power bill. If you are unlucky enough to run your electric hot water on a single (peak) rate tariff then you could be looking at $70-$100 per month for your hot water. If you are fortunate to have an off-peak, hard wired electric hot water system on an off-peak tariff the running cost would be a lot lower, at $25-$40 per month.
“To reduce the amount of power your hot water uses look at turning down the thermostat setting. Decreasing your thermostat 5 degrees could reduce your electricity consumption by up to 5 per cent. Around 60C seems to be the minimum level advised by health experts to ensure no bacteria build up in your system.”
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