Solar Hot Water System
Solar water heaters can be an energy saving way to generate hot water for
your home. They can be used in any climate, and the only fuel they need is
Solar water heating systems usually cost more to purchase and install than
conventional water heating systems. However, a solar water heater can
usually save you money in the long run.
On average, if you install a solar water heater, your water heating bills
should drop 50-80%, depending on the amount of water you use and the cost of
fuel in your area. Also, because the sun is free, you’re protected from
future fuel shortages and price hikes.
If you’re building a new home or refinancing, the economics are even more
attractive. You can deduct solar systems from your taxes, and usually the
solar investment is profitable immediately.