Late
last month,
"This solar power legislation is another important step in our
long-term plan for energy independence in
The
Water heating accounts for 15 to 30 percent of a typical household's energy use, according to the DOE. Solar water heaters, while significantly more expensive than their conventional counterparts, can reduce water-heating bills by at least 15 to 25 percent, depending on the efficiency of the system and local climate conditions, the DOE estimates.
A typical two-collector solar water heater costs $5,000 to
$7,000, installation included. But after incentives like rebates and
tax credits, that cost could drop to $1,400 to $2,100, according to
For Hawaiians, who largely rely on imported fuel and pay among the nation's highest energy prices but enjoy abundant sunshine year-round, solar water heaters could bring long-term financial benefits.—Kristi Wiedemann, Science and Policy Analyst, GreenerChoices.org
Essential information: Read "Save hundreds on energy costs" for more expert advice on slashing your utility bills. Don't miss our reports on thermostats and windows for more information on products that can help you reduce energy consumption.