Solar Hot Water - See if You Can Afford a Solar Hot Water SystemCan you afford to purchase and install a Solar Hot Water Heating (SWH) system? Here is an excellent article written by Roy Tonnessen. Are you wondering if you can afford to purchase and install a SWH system. Stop wondering. In all likelihood you have already paid for it. You may have paid for it several times. If you own a house and you use hot water, then you pay the utility company every single month for the energy to heat your water. After the month is over, you usually have nothing much to show for your money – and you have to pay the utility company again the next month and the month after - every month, basically forever. So, in a way you have already paid for a SWH system, by pretty much wasting the money you send off to the utility company every month.
The way it works when you have a Solar Water Heating system is that for a major portion of the year the sun will provide all or part of the energy to heat your water. You don’t need to purchase energy from the utility company to heat your water. This in turn means you don’t need to send a check to the utility company every month – you can keep the money in your own pocket. Pretty soon the savings every month will have paid for the cost of the SWH system. From then on it is almost as if you have a printing press in your basement that prints money for you. People often ask, “What is the payback period for a Solar Hot Water Heating system?” The short, somewhat incorrect answer is 4 to 8 years. The real answer is that installing a SWH system will make you money. This is truly and really an incredible investment. This is one of the few real investments – it is almost like it puts money into your pocket. You have to come up with the money to purchase and install a SWH system. In 4 to 8 years you will save enough - by reducing or eliminating the gas or electric bills that you would otherwise have had to pay every single month - to get all your money back. That alone is a 14 to 33% annual return on your money and then for the next 30+ YEARS the system will continue to put money in your pocket every month.
Also, remember that the money you save from using the solar hot water system is like non-taxable income. Each dollar saved is equivalent to $1.38 - $1.78 in taxable income, depending on the tax bracket you are in. This is simply an incredible deal, a true investment - which most people ought to take advantage of. In addition it is increasing the value of your home and contributing to improve the health of you and of our planet. Adding a solar water heating system to your house really does not cost you money. It will make you money. It should also increase the resale value of your house. By keeping the money in your pocket, instead of sending it off to a coal, gas or nuclear company somewhere, and by employing your local plumber or solar installer you also contribute to a thriving local economy. Both you and your community become more self-sufficient. Solar power with its democratic distribution throughout the world is ours for the taking. We can accept the challenge and use it wisely, or we can continue to muddle along. The sun is basically an inexhaustible source of clean energy. This energy isn’t going to run out, go up in price or spew pollutants into the air. The only thing you need to have, in addition to the money to initially pay for the solar hot water system, is a suitable location to install the solar hot water heating collectors. They must be installed facing towards south in a spot with unobstructed sunshine between 9:00AM and 4:00PM. It can be on your roof, on a wall or on the ground, preferably relatively close to the house.So, my honest and sincere question is: How can you afford to NOT purchase and install a Solar Water Heating (SWH) system?If you currently use gas or electricity to heat water, then you will pay for a solar water heating system over the next 3 to 8 years, whether you get one or not. Why not get one and take over control of your life. Do you prefer to keep the money in your pocket, or to have to send a portion of it off to a utility company every month? Now is the time to get off the LIFETIME utility company payment plan. Installing a SWH system is the most practical and least expensive use of solar energy today. Don’t delay, NOW is the perfect time to act. Sincerely, Roy Tonnessen To learn more about solar hot water systems, click here
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