Wiring a hot water heater
I'm installing a hot water heater at the cottage, there is a 240 circuit already in place that was wired for a dryer - so it has black, red, white and bare copper. The water heater has the standard black, red and green for 240v. I know the dryer wire black and red are hot and on the water heater black is hot and the red neutral, so can I hook up the black and red from the circuit to the black on the heater, then the white to the red on the heater, leaving the green to ground along with the copper from the heater? Or do I just cap off the red from the circuit, or do I need to run new 3 wire cable from the panel?
Cheers