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Old 02-06-12, 08:24 PM   #35
randen
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Join Date: Apr 2011
Location: Strathroy Ontario Canada
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Default Return on investment

Plantman

Considering adding solar space heating using hot water, but my costs are so low now, I will need a good ROI to make it worthwhile.

Its odd, the same words tumbled from my mouth 15 yrs ago about heating my home with furnace oil. The problem is the cost of energy always goes up. Solar hot water heating is known to be the best for return on investment. The hot water you use will always be heated for nothing with solar and it is a large portion of a homes energy bill. If you are so inclined I would recommend installing a system you will likely have you ROI in about 5 yrs. as the cost of electrical power could almost double in that time.

Randen
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