How Much Could You Save With a Solar Water Heater?

In Water Tech by The LeverEdge

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A solar water heater could save you hundreds of dollars a year on your electric bills.

If you’re thinking about adding a solar water heater to your home, you’re probably wondering how much money you can save. Will it be enough to offset the initial installation cost? The short answer is that you could save hundreds of dollars a year on your electric bill.

Read on for more information about solar water heaters, how they work, and how they differ from “regular” solar panels.

How Do Solar Water Heaters Work?

Solar water heaters take cold water from one area of your tank and pump it up to special solar collector panels on your roof. There, the sun heats the water before it’s returned to a separate part of the tank.

What happens at night or on cloudy days? Your solar water heater also has an electrical component, so you always have hot water while using up to 90% less electricity than a standard water heater.

Benefits of Solar Water Heaters

Solar water heaters are full of benefits. Some of the best benefits include:

  • Better for the environment. The power from your electric company may come from oil, coal, or other nonrenewable sources of power. Instead, choose solar power to heat your water.
  • Low maintenance. Solar water heaters don’t have any moving parts, which means they need very little maintenance to run for years without problems.
  • Save money. Your current water heater is responsible for about 20% of your electric bill each month. What if you could cut that 20% down by 90%? How much money would you save every month? Additionally, solar water heaters may be eligible for federal, state, or local tax credits, saving you even more money.

What About Solar Panels?

Solar panels harness the power of the sun and turn it into electricity that you can use for your whole home.

If you have enough roof space, solar photovoltaic (PV) panels are another great way to save money on your electric bill. If you have enough roof space, you may be able to have both solar panels and a solar water heater.

If you only have room for one or the other, talk to one of the experts at The LeverEdge to figure out which system will give you the most bang for your buck.

Learn More Today

Do you want to learn more about the solar water heaters or solar PV kits from The LeverEdge? Contact us today by calling 813-403-5100 or clicking here. Our experts are waiting to help you choose the products that are best for your home, geographic area, and family.

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