If you're in the market for a new water heater, you may not have considered the newer solar models. However, these water heaters offer a number of advantages over more common natural-gas-powered or electric heaters, not the least of which is their energy efficiency.
Benefits of choosing a solar water heater
1. Saving money and energy. Heating water accounts for nearly 17 percent of the average household's energy expenditures, according to the U.S. Department of Energy. In you live in a sunny climate, such as southern California or Arizona, you could save up to 90 percent on your monthly water heating bills by making the switch to a solar-powered water heater. In addition to saving money, using less energy will also reduce your household's carbon footprint.
2. Longer life-span. Another advantage to a solar water heater is that you'll have to replace this type of heater less frequently, saving you money in the long run. The average solar water heater lasts for around 20 years. That compares to an average of eight to 12 years for a traditional natural gas heater.
3. Tax credits. Investing in a solar water heater can also help you save money on your state and local tax return. While the federal tax credit program ended in 2016, many states and municipalities still offer tax credits for making energy-saving improvements to your home.
4. No combustion gases. By eliminating (or reducing) the need for combustion to heat water for your household, you'll also reduce the amount of toxic gases that are produced and funneled outside via your heater's venting system. This reduces the possibility of these gases leaking into your home and jeopardizing your family's health.
5. Added resale value. Switching to a solar water heating system can also help you get more money for your home when it comes time to put it on the market. Your solar heater might also be the item that helps a potential buyer to make an offer on your home, since he or she knows that he can reap the energy-saving benefits of such a heater without the upfront investment.
While switching to a solar-powered water heater may not be the right choice for every household, this type of heater can save you money, help reduce your household's carbon footprint, help your family stay safer by reducing (or even eliminating) combustion gases, and even help you qualify for a credit on your state and local income taxes. For more information, contact a company like Roto-Rooter Plumbing & Sewer Drain Cleaning.