When considering the purchase of a solar water heating system, it is important to consider Life Cycle Costing as opposed to just the simple payback of a system.   Solar water heating systems are designed to last for many years and if you just look at the time it takes to recover your initial investment through your energy savings you miss out on the long term financial benefits of the system.

It is true that a solar water heating system will cost more than a traditional water heating system when it is first purchased.   But have you considered the cost of the energy that will go into operating the traditional hot water heating system over its operating years?  If you take that cost into account plus the inflation of energy prices, a traditional water heating system looks very costly compared to a solar water heating system that will pay for itself and bring you energy savings for years to come.

Bob Ramlow, a noted expert on solar water heating, gives an excellent summary of life cycle costing as well as his take on how you can go solar for free hot water.   And don’t forget that a homes value increases by $20 for every $1 reduction in annual utility bills according to The Appraisal Journal.  So a solar hot water system that saves $200 per year would add $4,000 to the value of the home.

So instead of paying the utility company for the energy to heat your water, why not invest that same money in a solar water heating system from SunWater Solar that can bring you excellent financial returns? And you can feel good about your investment because you are cutting down your carbon footprint and doing your part to save the environment.