The energy crisis we are facing in South Africa is forcing more and more people to consider solar power. However, there is an initial financial outlay which may make you wonder how long it will take for a solar geyser to pay for itself. Read on!
As a general rule of thumb, a solar geyser takes around 3 – 4 years to pay for itself. This depends on the type of system installed.
It’s important to keep in mind that once you’ve had a solar geyser water heating geyser installed it can potentially last up to 15 years. As a result, it’s an excellent investment.
FACTORS INFLUENCING THE PAYBACK PERIOD
- How much energy you use – the more hot water you use, the quicker the solar geyser will pay for itself.
- The amount of sunlight your area has – areas with more sunlight will have a shorter payback period.
- The cost of the installation of the solar geyser.
- The cost of electricity
Let’s take a look now at the benefits of a solar geyser.
BENEFITS OF A SOLAR GEYSER
- You don’t need to rely on electricity
- The energy used is renewable, free, and unlimited
- Immense savings on your electricity bill
- It heats the water very efficiently
- It’s environmentally friendly
- There is no use of fossil fuels
- It has zero-emission
- Provides a lower carbon footprint
- It is low-maintenance
As you can see, a solar geyser provides amazing benefits. As a result, investing in a solar geyser is so worth it. While there is an initial financial outlay it will pay for itself in a few short years. In addition, it’s important to remember that once it has been installed it doesn’t usually require much maintenance. And best of all, you will save significantly on your electricity bill.
Contact us today for a solar geyser quote, Cape Town!