How Much Money Does the Average Household Spend on Hot Water?
This is a calculation that is made using the price of your heating fuel and how much hot water you use. You know better than anyone how much money you spend on water heating every month and year – just by looking at your hot water bill. Of course, most Americans find that just heating water accounts for nearly 20% or more of their annual energy bills. When you take Home Heating into account as well, overall heating at your home can cost 40% or more of your annual energy bills.