How much can I save by insulating my hot water pipes?
Is there any reason why should I put an additional insulation on my water heater and surrounding pipes? My water heater is located in the basement where the temperature is around 15 C over the year.
Hot water is hot enough and I am also happy with the recovery rate. My water heater isn't expensive to run, but I am thinking to save even more by putting an insulation.
What do you suggest and can I justify additional expenses with the saving I am getting by insulating the water heater.