Solar water heaters are becoming more popular because of higher electricity bill and they go green and environment friendly. The solar heaters are safer compared to electric geysers. The only requirement to install Solar heater is to have plenty of Sun light either on terrace or wall, which is free off course. Solar heater in simple has two parts, one for heating/ collectors and other tank for collecting the hot water.
Though the initial investment to install Solar heater is huge, but is more economy since it will reduce the electricity bill of house hold by at least 40%. The well maintained Solar heater will run for 15 to 20 years returning the investment within 8 years. It is conclude from the plot that investment on Solar water heater is worth. The ROI from Solar Water Heater is shown as
* The use pattern and savings for southern region pertains to the typical climate of Bangalore, while those for western region relate typically to Pune climate.
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