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Cost Effective

Solar water heaters also called solar domestic hot water systems can be a cost-effective way to generate hot water for your home. They can be used in any climate, and the fuel they use sunshine is free.

It depends upon the size of the system and the needs of your family and the way you currently heat your water. The average annual cost for water heating can be over half the expense of a household's entire annual gas bill, especially in those homes with teenagers or shower hogs. In an average home a person uses between fifteen and twenty-five gallons of hot water a day, which can cost 500.00 to 1500.00 per person every month.

Solar heating does have a payback, and it can vary from four to ten years. But it may be more useful to think of solar as an investment that yields an annual return, much as a bank savings account provides interest. A solar water heater will generate savings that can equal a bank account generating a twenty percent (20%) annual return, and the savings are not taxed as income, as is the interest you earn at the bank. The truth is, if you want hot water. you will be paying for that heat. You may prefer to pay the utility bill forever, or you may wish instead to go solar, and become your own utility. It is quite similar to the reason you once decided to buy your home and stop renting. Solar is simply the best investment available today because it guarantees a return on money that you will otherwise "burn" and helps you develop equity as you bank your savings.