Heat pump water heaters (HPWH) are a game-changing technology that can eliminate climate and air pollution from water heating in buildings. And if that isn't enough, HPWHs have a less well-known added benefit: they can double as clean-energy batteries..
A solar water heater can reduce a homeowner's water heating bills by 50% to 80% on average. Though the equipment may cost more than a basic water heating system, the long-term cost savings are crucial to acknowledge.
Just like PV solar panels, solar thermal systems are tax credit eligible on both state and federal levels. And, just as there are utility rebates for installing a new, more energy efficient water tank, most power companies also have special incentives for installing solar thermal, as high as $450 dollars per solar thermal installation!
By measuring and monitoring solar thermal system performance, installers can correct mistakes and fine-tune and optimize systems. As a result, US consumers are likely to regain confidence in the technology, spurring what is expected to be a burgeoning market for solar hot water heaters.
Sunnovations is a classic entrepreneurial story: a technically savvy consumer went to purchase a product and found what was in the market lacking and decided to build a superior solution himself. Arnoud van Houten founded the company in March 2008 and partnered with angel investors Solaq BV (who advised van Houten's previous start-up) for development and early-stage financing.
Download Flow Energy Guide - Written by Engineers For Engineers. Learn how to save on energy costs by optimizing your facility flows that impact costs like compressed air, natural gas, steam, and hot or chilled water.