If you’ve been looking for ways to cut down on energy costs, you may have come across the idea of adding a water heater blanket. It’s a simple, affordable upgrade that many homeowners overlook—but it can make a noticeable difference on your utility bills. And don’t worry, if you ever find yourself needing water heater repair in Colorado Springs, SoCo Heating and Cooling has your back.
What Is a Water Heater Blanket?
A water heater blanket is essentially an insulating jacket designed to wrap around your water heater tank. It works just like a warm coat in the winter—keeping the heat inside where it belongs. Many water heaters, especially older models, lose heat through the tank walls. This “standby heat loss” means your system has to work harder to keep water hot, which drives up your energy bills.
By adding a blanket, you reduce that heat loss, allowing your water heater to maintain its temperature more efficiently.
How Much Money Can You Save?
The savings depend on your water heater’s age, efficiency rating, and its location within your home. On average, homeowners can save between 7–16% on water heating costs annually with a properly installed blanket. That may not sound like much, but considering water heating accounts for about 15–20% of your total energy use, those savings add up quickly over time.
If your water heater is in a cold basement or garage, the benefits are even greater. The colder the surrounding air, the more energy your unit uses to maintain hot water. A blanket provides that extra layer of protection.
Is a Water Heater Blanket Right for You?
Not every water heater needs one. If you have a newer, high-efficiency water heater, it may already be well-insulated. However, if your unit is more than 10 years old, it is likely to benefit from the extra insulation.
The good news? Blankets are affordable, typically costing between $20 and $50, and installation is straightforward. Just make sure you’re not covering important components like the thermostat or burner access panels.
Other Ways to Improve Efficiency
While a water heater blanket is a smart start, there are additional steps you can take to boost efficiency:
- Lower the thermostat setting to 120°F—this is safe, comfortable, and energy-efficient.
- Add insulation to hot water pipes to prevent heat loss as water travels through your home.
- Schedule professional maintenance to keep your system running safely and efficiently.
- Consider upgrading if your unit is outdated—new models are much more energy-efficient.
At SoCo Heating and Cooling, we can help you determine whether a water heater blanket is right for you or if another solution would save you even more.
A water heater blanket can be a small investment with big long-term benefits. It keeps your water hotter for longer, helps reduce energy waste, and puts a little extra money back in your pocket each month. Even small adjustments can lead to noticeable savings, making your home more comfortable and energy-efficient.
Contact SoCo Heating and Cooling today to schedule service. So Cool. So Cozy.