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Tools Needed: Wrench. Foam insulation sheet. Insulate faucet cover (optional). Rope. Directions: 1  Make sure the outside faucet is turned off before you begin. 2  Remove all water hoses and drain them. 3  Coil hoses and store them in your garage. 4  Shut off the water valve that feeds water to the outside faucets.nsulate faucet cover (optional). Rope. Directions: 1  Make sure the outside faucet is turned off before you begin. 2  Remove all water hoses and drain them. 3  Coil hoses and store them in your garage. 4  Shut off the water valve that feeds water to the outside faucets.
1 By insulating, you are keeping the hot water from losing heat so the hot water tank is not used as often, thus reducing energy consumption. 2  Brush your teeth without the water on. 3  You can save up to three gallons of water per day if you simply turn the water off as you brush your teeth. 4  Shorten your showers.