How Cost Effective is a Solar Water Heater?
On average, if you install a solar water heater, your water heating bills should drop 50% – 80%. Also, because the sun is free, you’re protected from future fuel shortages and price hikes. Other financial incentives include: Solar energy systems can take advantage of the sun’s free energy year round. Solar energy can be produced even at low temperatures. Federal tax credits help pay 30% of the cost, up to $2,000 for the system. Between tax credits and energy savings, our Velux Solar Water Heating system offers a faster return on your investment than other solar energy systems.
