For your consideration ...
My tank label says "pre-charged 40 psi". My pressure reads 46.5 psi until I open the outside hose bib . then drops to 32 psi. Am I right in thinking it should not drop below 40 psi ?
How much pressure should be in a water heater expansion tank?
Regardless of the size, Federal Department of Transportation regulations limit the air charge in a thermal expansion tank to 40 psi for shipping.
Expansion tanks are pre-charged to about 40 PSI, but the pressure must be adjusted based on the home’s water pressure. The recommended water pressure is
between 50 and 60 PSI. Thermal Expansion Tanks contain an air bladder which is pressurized with air, and expands and contracts to absorb the expanded water from the water heater. Check the air pressure in the Expansion Tank using a tire gauge. If the inlet water pressure is higher than 40 PSI, the expansion tank's air pressure must be adjusted to match that pressure but must not be higher than 80 PSI.
To raise the pressure inside a water heater expansion tank, you will need a small tire hand pump. Ensure that you do not use a motorized pump, as it may increase the pressure too rapidly, causing the bladder to rupture. Pump small amounts of air into the tank at a time. Measure frequently to ensure the pressure does not rise above the desired PSI and stop immediately once the appropriate pressure is reached.