dtappy3353 wrote:
This includes cold water also?
Depending on where any check valves are in the water heater, yes it can include cold water as well. In the simplest setup, with a three valve (or some two valve) water heater bypass or no water heater bypass, there are no check valves at all for the water heater, so the static pressure on the cold and hot lines is exactly the same. If there's a check valve at the inlet to the water heater, the pressure increase is restricted to the hot side.
(There is still some measurable increase in pressure when heating water even with an air pocket, though it's moderated considerably over having no air pocket, since the pressure of the air goes up slightly with the small decrease in volume of the air and a bit more with its increased temperature.)