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Solar Hot Water for Kentuckiana
Practicality
Benefits
Cost
Additional Information
Practicality of Solar Hot Water Systems
Solar hot water systems are often competitive with electric and natural gas systems, have a quicker financial return versus P.V. systems, and only require 4 hours of sunlight. These benefits make solar hot water a good choice for most homeowners. Read more about the systems in the article below of at the US Department of Energy site for solar hot water heating.
- Financially Rewarding
- Hot water makes up 25-35% of your utility costs so a reduction
can save you money (see chart below***)
- Net savings of approximately 21% on annual utility bill
- Approximately a 70% reduction in hot water bill cost
- Usually pays for itself in 4-7 yrs
- Federal tax credit available
- Reliable and Durable
- Fully automatic
- Protected from freeze-ups in the winter
- Can provide 40-80% of the hot water demand in a household
- Only requires 4 hours of sunlight (It works in the winter!)
- One of the oldest and most developed renewable energy
systems
- Has a life expectancy of equal to or great than 40 yrs
- Good for the Environment
- Pollution-free
- Can produce 1000 megawatts of energy per year (equivalent
to 2 mid-size coal plants)
***Hot Water Makes Up a Significant Portion of Your Utility Bill
Solar hot water systems typically pay for themselves in 5-8 years. Cost varies depending on state incentives and hot water consumption. There are more financial benefits including Solar Renewable Energy Credits (SRECS), Federal tax credits, and long-term investment awards (Contact Us).
|
Prius |
Solar Hot Water |
|
|
Cost of Sys. |
≈ $25,000 |
≈ $4800 - $5800 |
|
Savings/Yr. |
≈$869 |
≈ $300 (Family of 4) |
|
Maint. Cost |
$1000/yr |
$200 every 13 yrs |
FAQs for Solar Hot Water (Click here)
Performance of Vacuum Tube and Flat Plate Collectors Concerning
Domestic Hot Water Preparation and Room Heating (Read More )
