Sunbelt Solar shared that owning a solar eating system has become more affordable, thanks to the 30% tax credit, no payments and no interest for 6 months, and many more schemes by government and private players to boost the use of solar heaters.
Sunbelt Solar, the popular suppliers of solar water heaters and solar pool heater kits, based in Austin has shared this information about solar heaters being more affordable to encourage more people to use solar water heater, pool heaters, and other solar equipments. Besides being easy to the pocket, the Solar powered equipments are also environment friendly.
Sunbelt Solar management shared that this is the best time to invest in solar energy. On top of Austin's $2000 rebate, there is a 30% tax credit, that means that the final cost of a solar water heaters and solar pool heaters is not too much more than a conventional water heater. The system will usually pay for itself within 24-48 months. Also, they announced that customers can abstain themselves from paying any installment for first six months of their purchase, and they don't even have to pay any interest for that. They also shared other useful information on using combination of solar equipments to further minimize energy costs like on installation of a solar water heater and solar attic fan combo and one can expect to cut down electricity cost by 30%.
Federal government tests on electric water heaters show a typical energy usage of around 5000 Kw/H annually. This equates to between $525 and $650 per year depending on your electric rate. Assuming your solar system operates at 85% efficiency, you can save up to $7,200 over 10 years(electric) or $2,500(gas). assuming energy costs rise at 5.9%. There are different sizes of tanks depending on your demand, the number of collectors needed can vary as well. There are also different types of rebates depending on what utility you have in central Texas. Everyone is eligible for the 30% tax credit however, providing you pay taxes. With all these factors in mind a typical system can cost between $2,000 to $4,000 after rebates depending on your situation.
They shared that simple devices that uses the solar energy to keep water hot have been used for thousands of years by the mankind. In many other countries, it is the accepted method of heating water to save energy. Across the world millions of the solar heaters are installed every year. In Israel, for example over 90% of the existing homes have a solar water heater installed. Due to high energy costs, solar water heaters are quickly catching on in the United States too, with over 25 thousand solar heaters being installed every year. Globally, solar water heating produces 30 times as much energy as photovoltaic solar cells.