SYSTEM ECONOMICS
The economics of a solar hot water system depend on several factors: the amount of hot water you use, the type of fuel you use, and where you live.
The tables below layout sample economics for typical households. A Sunshine Solar technician can provide a tailored economic analysis for you.
New York:
| Natural Gas Customer or Heating Oil Customer | ||
| Solar Hot Water System Price | $12,000 | |
| Federal Tax Credit (30%) | $3,600 | |
| NYS State Tax Credit (25%) | $3,000 | |
| Net Price | $5,400 | |
| Expected Return on Investment | 19.0% | |