You ll need to bear in mind the cost of maintenance although it s generally very low for solar water heating systems.
Cost of solar water heating panels.
The table below shows average annual earnings that a solar water heating owner can expect.
Active solar heater systems.
Solar water heaters also called solar domestic hot water systems can be a cost effective way to generate hot water for your home.
Since the storage area can hold much more heat and is equipped with an internal electric or gas backup the possibility of running out of hot water after several cloudy days is nonexistent.
Solar water heating is cost effective particularly if you make use of the renewable heat incentive.
Active solar water heaters cost 2 000 to 4 000.
They require solar collectors and a heat storage area.
Solar water heating systems include storage tanks and solar collectors.
The higher the solar fraction the greater the solar contribution to water heating which reduces the energy required by the backup water heater.
The solar fraction is the portion of the total conventional hot water heating load delivered energy and tank standby losses.
Typical solar factors are 0 5.
This is a government scheme to reward homeowners using low carbon heating systems.
The cost of installing a typical solar water heating system is 4 000 5 000 including vat at 5 per cent for 3 6m 2 system.
The solar fraction varies from 0 to 1 0.
Currently the tariff for solar thermal panels is 21 36 p kwh.