moey
Minister of Fire
Vacation mode just lowers the water temp for X period of time. So there will be savings. Did you install a mixing valve? I turn my geo down in the winter because the furnace helps make hot water. In spring I put it back to 140* the mixing valve is set at 130. That increases the capacity of the tank.
If you don't need the extra capacity keeping the tank that high could cost more. Although you may be able to keep it in heat pump only mode with the higher temp settings. Heat pumps are most efficient making water in the 100-120F degree range when you start trying to heat water up to 140F the coefficient of performance goes down for the heat pump.