What is the payback period of a SHCMV Solar Hot Water System?
F3 Solar Water Heaters are much more affordable than most other solar hot water heaters, due to the increased efficiency. For a household of 4 , the price of a full system may not be too much more than an electric or gas system. Depending on your current hot water usage the annual electricity or gas saving will differ. However in a normal household that spends 25% of its electricity bill on hot water heating, the full cost of the purchase may be recouped as quickly as 5 years in reduced bills. An F3 solar collector should provide reliable operation for at least 20 years. You will definitely make considerable savings during the life of the solar hot water heater.
