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Improving conventional water heaters Consumers with conventional water heaters who want to reduce their energy costs have several options. According to Oak Ridge National Laboratory, measures such as tank insulation, temperature setback, timers, heat traps, and low-flow shower heads are more practical, much less expensive, and have a greater return on investment than installing a tankless water heater in an existing home with a conventional water heater. Source: The Cooperative Research Network, a research arm of the National Rural Electric Cooperative Association.
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