Solar water heaters can be a cost effective way to generate hot water for use in your home. And the sunshine that fuels the water heater is free. You could also receive a Federal tax credit worth 30% of the system costs for installing a solar water heater.
Solar hot water technology needed to operate a solar water heater can be operated efficiently in any climate. The systems are designed for various climatic and geographical areas of the country. Choose the system that has been specifically designed for your area.
A solar water heater can provide a typical household with 50 to 80 percent of their hot water needs. In the southern areas that have plenty of sunshine, the system can provide nearly 100 percent of a household's hot water needs. The average annual cost of a solar water heater is $50 compared to $500 per year for a standard water heater. The average life expectancy for a solar water heater is 15 to 30 years where the life expectancy of a standard water heater is only 8 to 12 years.
By installing a solar water heater, you will not only save money on your energy cost, you will also help protect the environment. Reduced demands for fossil fuels will improve the environment by reducing air and water pollution. Solar water heater systems will cost a little more up front they will save money in the long run as the sun's energy will always be free. The cost savings for the solar water heater system will pay for itself in 3 to 5 years.
You don't need to spend a lot of money to start saving money on your energy consumption. Try a few of these suggestions and you'll save money.