Solar water heating cost is one of the first things people think of when considering solar heating systems. Protecting the environment is a great cause, but unless it makes financial sense to move to a renewable energy heating system, most people will be put off. Unfortunately, calculating the cost of a solar water heater can be somewhat complicated. You can’t just look at the cost of buying a new system alone. Rather, you have to weigh the cost of the new system against the savings you will make on monthly bills compared to your old system. In order to do that, you have to figure out how much you will save on monthly bills with your new system. Then you can estimate how long it will take for these savings to equal the cost of the new system. In many ways, this figure (how long it takes for a system to pay for itself in savings) is even more important than the actual cost of the new system. The overall goal for the homeowner should be to have a system that pays for itself in savings as quickly as possible, so that any future savings past that point can be considered pure profit. But the questions remains; how do you calculate all of this?
Solar Water Heating Cost: Let The Experts Help (For Free!)
If all of that doesn’t sound too complicated for you, keep in mind that SunPump is a space heating system as well as a hot water heater. This means that you need to figure out all the above-mentioned figures and savings for your home heating system as well as your hot water heating system, if they are separate. Effectively this doubles your opportunity for savings with a SunPump, but it also makes figuring out those savings that bit more complicated. Thankfully, at SunPump we will do that work for you. We offer free online quotes for homeowners thinking of changing to a SunPump. Rather than figuring it out for yourself, our engineers will quickly assess your situation free of charge and give you the much needed information (tailored to your home and your needs) you need to make your decision easier.
One last thing to think about when considering solar water heating cost is the resale value that a modern renewable energy heating and hot water system like SunPump can add to your home. The monthly savings on bills made by systems like SunPump make them very desirable commodities, as they far outstrip traditional space and hot water heating systems for efficiency and cost-effectiveness. This is reflected in the market value of homes with a SunPump installed. Studies have shown that a SunPump solar heating system could add as much as $30,000 to a home’s market value. Essentially this grants homeowners a more than instant return on investment. It’s an exciting time to be involved with solar power, and the benefits far outweigh the costs.