There
are two primary reasons to choose a solar water heating system. First, since
it does not require the burning of fossil fuels like traditional heating systems,
it is very friendly to the environment. Secondly, solar power is absolutely
FREE! Tapping into this free power source will equate to substantial savings
on your electric bill.
A typical family of 4, for example, utilizes 80 US Gallons of water per day. The cost of purchasing an electric water heater is approximately USD $385.00. Additionally, based on a rate of USD $0.16/KwH, this heater will cost approximately USD $755.00 per year to operate.
In contrast, an 80 gallon solar system, at an approximate cost of USD $1,800.00 (one time investment) pays for itself in around 19 months. In just a short time, this adds up to a dramatic savings for the consumer.