The use of solar water heaters has become increasingly sought after in recent years due to their ability to provide a renewable source of energy for heating water. These systems work by gathering heat from the sun and transferring it to a storage tank, which then provides hot water for a variety of purposes such as cleaning. However, before deciding to invest in a renewable energy system, it is essential to consider the cost benefits of owning one.
One of the primary cost benefits of renewable energy systems is the significant reduction in operating costs. Conventional water heaters rely on electric gas-powered systems, which can be expensive to operate. In contrast, renewable energy systems use zero-cost sunlight as the primary energy source. Assuming an average household uses 60 gallons of warm water per day, a solar water heater can reduce energy consumption by up to 70%.