Solar Hot Water Initial Installation Cost

The cost of a solar hot water system will vary depending on how much hot water is needed and where the solar hot water collectors will be installed.

Your system size can be determined based on the number of people in your household or the demand for hot water in a commercial setting. Sundog Solar can evaluate your system cost and help you maximize your savings.

Examples of Solar Hot Water System Cost

2-3 People in your home

 Federal Tax Credit

Total Cost

$9,500

$2,850

$6,650

  4-6 People in your home

 Federal Tax Credit

Total Cost

$11,000


$3,300

$7,700

Payback is estimated to be 8-9 years!

 

Payback is estimated to be 8-9 years!

 

Government Incentives

Thanks to strong government incentives, there’s never been a better time to invest in a residential or commercial solar hot water system in Maine. There is a 30% federal tax credit given for the entire cost of your solar hot water system.

 Savings

The cost of solar hot water systems has dropped to an all time low and has become an excellent way for you to save money. By heating your water with the sun’s energy you can protect yourself from rising oil costs. Once the system is installed, the cost of the hot water you produce is fixed.