Why There Is So Much Energy Waste in the Water Heating Industry?
It's obvious that there's a great deal of energy waste in the water heating industry because many buildings are not insulated properly. In addition, the systems used to heat water are antiquated and inefficient.
The main reason there is so much energy wasted in the water heating industry is because of a lack of proper planning. Energy use in the water heating industry is a significant area of energy consumption. The water heating industry uses 80% of the energy we consume in the United States.
Water heating has been an industry that was/is in desperate need of innovation. The traditional hot water heaters that are being used today are designed to deliver hot water at a consistent temperature; however, this means that there is a lot of energy waste. The water heating industry is a big one that you can do some good in. The industry consumes a lot of energy, and the need for this energy is only going to increase as the population continues to rise.
The Cost of Water Heating is Estimated to Be $2.5 Trillion Annually
The cost of commercial water heating is a significant factor. For instance, if you look at the conventional water heater design, it will take about eight gallons of water to heat one gallon of water. The cost of water heating alone is estimated to be $2.5 trillion a year in the US alone, and according to the World Resources Institute, it will cost us $2.7 trillion to meet global energy demands by 2030.
If you can afford to, it’s imperative to invest in water heating systems that are more efficient and more environmentally friendly.
Energy Use in the Water Heating Industry
Energy is a scarce resource, and it is unconscionable that so much of this precious resource is wasted.
The water heating industry is huge and accounts for approximately 20% of the energy use in the United States. It’s important that you are aware of how much water you use because this can severely impact your bottom line.
In the US alone, there are over 500 million gallons of water wasted each day because of inefficient water heaters. This means that around $1.8 billion is lost every year because of this waste.
Isn’t There a Better Way?
Energy use in the water heating industry is a big issue, especially in the United States.
Within the water heating industry, there are many different ways that heat can be generated. Some of these methods are less efficient than others. Tankless water heaters are becoming more popular because they save you money in the long term.
There are two major components when it comes to energy consumption: The first is the temperature of the water being heated and the second is the amount of time it takes for that water to get hot enough. Tankless water heaters are a great way to improve efficiency in your home. By using the tankless water heater, you can reduce energy waste and water consumption, which means you will save money on your energy bill. It’s estimated that up to 80% of the energy used in the water heating industry is wasted because of leaks and poor equipment.
There are several ways of cutting down on energy waste in the water heating industry, but one of the easiest ways is to simply replace old units with newer, more efficient models.