What You Should Know About Options This Year

Mar 01

Going Green: Solar Water Heaters

You should consider using solar hot water heaters which are powered by the sun’s energy thereby reducing the emissions that are put off by most other forms of water heaters if you are looking to make your home green and help reduce the consumption of our diminishing renewable resources. Most of these do have either an electric or gas powered backup and pumping system which means that there is no electric pump to circulate the transfer fluids or water through the system if you purchase a passive solar water heater.

Many residential property owners find it difficult to come up with the money to purchase solar hot water heaters due to the prices of these systems can be extremely expensive and the time it takes to recoup the initial investment in your home is more than they can handle. For this reason manufacturers designed kits that will allow you to build and install your own systems which are usually complete with everything you need to put the system together and get it running.

Because they have a higher demand for hot water, many businesses are investing in commercial solar water heaters, some commercial properties could benefit from the use of solar hot water heaters. The consumption of renewable energy is greatly reduced while saving them money on utility bills and many commercial and residential properties that initialize this type of system can get a great tax incentive.
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Available to any homeowner who installs one of these systems through the year 2016 is a tax incentives of up to 30% of the installation costs of solar hot water heaters. In addition to this tax incentive comes to a $1500 tax credit that you would not ordinarily have without this investment, you are also investing in your home which adds value to it. In the event that you sell your home, you can recoup any additional costs from installing the system you may have incurred so the more documentation you can provide proving the savings, the more value it adds to your home.
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You should research to see what would best suit your needs, what the costs are for the system, the difficulty in installing the system, the availability of them in your area and what your budget can handle since it is important to understand that not all retailers carry this type of system. On a system such as this, it may not be such a good investment for a retired couple to spend their money since they use very little hot water. For the home, it would be a good investment but to them, it would cost more than they could recoup through their use of it.