Posted on: 19 May 2021Share
If you're like many homeowners, you probably heat your water with an electric or gas water heater. However, more and more property owners are discovering solar hot water systems exist and learning how they could benefit their properties. How could residential solar hot water systems help you?
Having Lower Utility Bills
The most obvious way solar hot water systems affect your life is to drastically reduce the amount of money you pay out to utility companies. Most solar customers keep gas or electric companies as a backup provider, but they are able to save money every month because solar energy is free. You can take those savings and put money toward other expenditures.
Using Hot Water During Power Outages
If you have a traditional water heating system, you already know that when there are power outages, you don't have hot water. That is a problem if you want to shower or wash your dishes. With a solar hot water system, you'll have hot water even during outages so that you can complete your daily tasks without interruption.
Avoiding High Equipment Repair and Replacement Costs
When you need to repair or replace electric or gas water heaters, that can get costly. In contrast, solar panels are more affordable. You don't have to worry that you'll have to deal with unexpected hefty costs.
Using Federal and State Incentives
Unlike gas or electric hot water systems, solar systems can earn you various federal and state incentives and tax rebates. These incentives can offset installation costs, making solar systems even more cost-effective. Explore the incentives so you can get an idea of what you might be eligible for.
Giving Your Home a Higher Resale Value
If you decide to sell your property, you can pass on the benefits of a solar hot water system to the next owner. For that reason, you may be able to ask for a higher price on your home. You might check with real estate agents to see how much of a boost you can expect with a solar system.
Caring for the Environment
Because solar heaters use energy from the sun, that will reduce your family's carbon footprint. If you're interested in being more environmentally friendly, you can't beat a solar system.
Talk with solar water heater vendors about how your home can benefit from a solar system. You might realize that there are even more benefits than you expect. You might find that a solar system makes sense for your home.