Our solar friends at Solar Direct did a study of solar water heating systems.  On their website they do a comparison of various costs.  It is worth a look at the figures.

Solar Annual operating cost: $50.00 versus Standard Annual operating cost: $500+.

Solar Storage is Capacity 80-120 gal versus Standard heater Storage Capacity: 40-50 gal.

Solar Life expectancy is 15-30 years versus Standard Life expectancy: 8-12 years.

Solar Lifetime operating cost: $1,000 versus Standard Lifetime operating cost: $10,000.

Solar Does NOT pollute environment while Standard Depletes fossil fuels.

Solar Increases equity in your home versus No added value to your home by a water heater.

Solar gives a 25% return on your investment versus No return on hot water utility payments.

Solar gives Protection from future increases in electrical rates while your standard system is at mercy of utilities and the government.

Solar Hot water is full up and running during blackouts, while there is no electricity and hot water during blackouts.

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