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Save the Earth + Save Money: This Cheap Upgrade Pays for Itself Fast
Many of us today are trying to be more eco friendly while living on a budget. Thankfully for us, saving money and helping to save the Earth often go hand in hand. What if I told you that for 1.5 hours of your time, you could reduce the money you lose on your utility bill and reduce your carbon footprint?
Don’t believe me that it can be that easy? Allow me to tell you about the water heater blanket.
What are the savings for a water heater blanket?
Initial Cost | $20-$40 |
How long to get your money back | 1-2 yrs |
Average Dollar Savings per Year | $32.50 |
Average KwH Savings per Year | 270 KwH |
Average CO2 Savings per Year | 331 lbs* |
http://energy.gov/energysaver/projects/savings-project-insulate-your-water-heater-tank
https://carbonfund.org/how-we-calculate/
*Carbonfund.org states we emit 1.222lbs CO2/KwH
Note: These are averages found from US sites. Canadian utility rates vary. Also the savings will vary based on the type of water heater, how old it is as well as your usage.
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