The efficiency of an electrolyzer can be improved by preheating the water consumed, which is generally done by means of solar energy in PVT panels. In this research, the first objective is to determine whether it is possible to preheat the consumed water by using the residual heat given off by the electrolyzer itself fed by a PV array, and if the above is met, the second objective consists of quantify the benefits obtained in the performance of the system. The simulation is carried out over a period of one year, considering the meteorological conditions of the city of Antofagasta, Chile. The results indicate that it is possible to constantly maintain the water temperature consumed by the electrolyzer at its nominal value of 80 °C, since the energy contained in the waste heat is about 30 times higher than this hot water demand. Continuous operation at 80 °C compared to operation at variable temperature achieves an annual increase of 0.22% in hydrogen production and an average of 0.33% in electrolyzer efficiency. Moreover, by considering the thermal energy given off by the electrolyzer as useful output of the system, the overall energy efficiency increases by a relative percentage of 13%.