I have done something like this before. I used 1" foam board to insulate the tank, piping insulation around the pipes, even to the point of a replaceable 4' foam piece on the front of the tank. Also, remember (or look up) the very recent discussions about heaters? We discussed the logical reasons for using multiple small heaters and how manufacturers mislead us into buying heaters that are twice as powerful as needed. We also talked about the advantages of cooler temperatures.
Aloha

Edited by Mark Peterson - December 13 2014 at 6:54am