Get a programmable thermostat for your water heater = turn the temps down an hour or two after you go to bed, or during the warmer times of the day, or the times when you typically don?t use your hot water. No reason to heat what is not being used!
Bathroom Renovation: Custom Vanity
Bathroom Renovation: Custom Vanity - The Crafting Chicks
Hidden Water Heater behind Accessible Enclosure Door @ Junk Chic Cottage: September 2012
How to hide exposed water heater. Quick fix with louvered doors hinged together. Could use old doors form inside house
Hide water heater with cheap laminate bookcases - up cycled with chalk paint & beadboard wallpaper.