Wrap Your Water Heater In Insulating Material

This tip comes by way of Fred from One Project Closer, in a guest post on Blueprint for Financial Prosperity that will appear in a few weeks, and its a suggestion to wrap your water heater in an insulating material to help save on electricity costs. See, a water heater is actually more than a water heater. Most of the time, it’s just a big energy sucking water holding tank and one that radiates heat into the air. So, to save a few dollars on your electricity bill, head over to your local Home Depot or Lowes and pick up some hot water heater insulation wrap and you’ll save an estimated $5-$10 a month at a one-time cost of $20.

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