Benefits of Apricus Solar Hot Water Systems
Reduce your energy bill
Heating water is usually the single biggest energy user in your home, a solar hot water system can reduce your hot water charges and save approximately a quarter of your regular power bill. Customers with solar hot water systems find they have incredibly low bills during summer along with a significant reduction during winter.
Avoid the rising costs of power
Power prices are constantly on the rise in New Zealand. If current trends continue, you can expect power prices to rise by at least 4% every year. By installing a solar hot water system, you can be sure that a third of your energy cost will not rise. Therefore, a solar hot water system will help protect you from the rising cost of power.
You can expect to earn a great return on a solar hot water investment within six to eight years, much quicker that the expected turn around from a solar PV system; currently ten years. Each system has a life expectancy of over 20 years, that means free hot water for more than a decade after the initial payback. This will be quicker as power prices continue to increase.
Increase the value of your home or business
An Apricus solar hot water system is an asset to any home or business because it saves the occupants money year after year, among other benefits. According to an Australian study by Realestate.com.au, 78% of people surveyed said that they identify solar hot water systems as a feature that will add to a property’s value. Also in the study, three quarters of renters said they would pay more to live a property with solar.
Reduce your carbon footprint
By reducing your reliance on peak electricity generated by burning fossil fuels, you will also be reducing your carbon footprint by, on average, 400kg of CO2 emissions each year. It is more important than ever to reduce carbon emissions, as the Antarctic ice shelf is melting at a rate faster than scientists expected, and the rise in sea levels is accelerating. A solar hot water system will reduce your carbon footprint without having to change your lifestyle.