Will a 220v. 40 gal hot water heater operate on 110v.
I am in the process of replacing some old wiring for a friend and when mapping the electric I found that the water heater is only hooked up to 110 volts. I traced the 10/2 wire from the unit back to the service box and found that the black wire from the heater goes to a 20 amp single breaker. The red wire (at the heater) is connected to the white 10/2 line and is grounded at the service box. So this unit has been running on 110v for years. It heats water fine, but has a slow recovery.
At any rate, I am going to replace the heater and run a new 220v. Line to it. But I really want to know how this has been possible for years, and what that would do to the electric bill.