I don’t do much residential any more, but lately during COVID I have been helping out neighbors to determine if they need an electrician when they can’t get anyone to come out for months. Most of the time I get called (word of mouth) because of extreme jumps in electric bills.
TWICE in the past 2 years I have found temperature/pressure relief valves on electric water heaters that are leaking. Years ago we would just connect them to a tube going straight down to the floor, so you would immediately know that it was leaking. But now they plumb them directly to the drain line, so the only thing you see is a high electric bill from all that hot water going right down the drain. The quick check is to touch the drain line about 2 feet downstream of the valve. If it’s hot, the valve is leaking.