Solar Hot Water – The most cost effective Solar Solution! by 1a Solar Systems Design
Solar hot water system size and cost depends upon number people in your household, water usage, radiant floor heating, ground or roof mounting systems can be installed from $3500 up to $10,000.
All Solar Hot Water systems are eligible for a 30% Federal Tax Credit off the entire installed price, as well as up to $1200 incentive rebates in NY, PA, and recently in NJ if replacing electric systems.
At today’s energy prices, over the life of the system, the cost to operate is about 20% lower than gas and over 50% lower than electric. As the cost of gas, oil, and electric grows, your savings will increase over time.
As a extra bonus, the value of your home will appreciate and estimated 16-23% because people want to purchase energy efficient homes.