For both solar and heat pump hot water systems the final cost can vary as it depends on the cost of the system installation rebates and the price of stcs at the time of purchase.
House solar hot water system.
Solar water heaters also called solar domestic hot water systems can be a cost effective way to generate hot water for your home.
More than 1 5 million homes and businesses in the united states have invested in solar heating systems and surveys indicate that over 94 of these customers consider the systems a good investment.
Most systems would also include a domestic hot water backup tank and circuit connected to the storage tank.
They can be used in any climate and the fuel they use sunshine is free.
A typical setup for a family of four with an 80 gallon storage tank runs about 5 000 plus another 2 000 or so for installation.
This diagram shows a simplified solar space heating system.
That s why virtually all solar hot water systems are supplements to rather than replacements for conventional water heaters.
As is often the case it costs money to save money.
Solar water heating systems include storage tanks and solar collectors.