What with the escalating cost of electricity, it strikes me maybe I can save some bucks by putting a timer on my hot water heater. I could set it to heat HW only when needed (assuming Frau and I can regulate our needs). Certainly it could be off, say, midnight to wake-up. Maybe I am dreaming here?
I wonder: (1) Do they make 220V timers? Are they expensive? (2) Would I save enough to make it worthwhile? After all, there is the cost of the timer as well as insulation to wrap to HWH itself. (3) I would think it would consume more electricity to re-heat the water each cycle as opposed to maintaining the heat, once hot. Am I wrong?
Thanks
Geezer