Installing a solar water heater is one popular method for homeowners to reduce their electric bill. These systems use renewable energy to reduce the need for grid power while delivering high volumes of hot water. However the initial investment that one has to put down makes many question whether its just hype and also whether the returns on investment are worth it.
To find an answer, you can simply compare the total lifetime costs of solar water heating to the total lifetime savings on home energy costs. Let’s review several aspects of the systems;
How Much Do Solar Water Heaters Cost to Install & Maintain?
Solar water heater costs vary depending on the size, make and model of the unit. Prices start from shillings 75,500 both supply and installation. The solar water heating systems we install are built to last 25 years or more with little to no maintenance.
Savings on utility Bills
Solar hot water heaters can usually cut your water heating expenses by anywhere from 50-80%.Therefore, after installation, a solar hot water system will slowly start to pay back their value in the form of lower utility bills. With the 50-80% savings on solar, the system is likely to pay itself within a period of 5-8 years. Exact figures depend on size, manufacturer, model, and your home’s typical water usage thus family of five will enjoy larger savings than a family of two will.
Also solar water heaters don’t pollute. Instead, they derive 100 percent of their energy from a the sun, hence great for the environment. they also increase the value of your property hence help improve the resale value of your home.
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