eamonn123456
Registered User
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This article strongly argues that domestic solar hot water systems do not make economic sense for the householder:
[broken link removed]
If one uses 3500 units of electricity pa on hot water, that's about 630 euro.
If e.g. a solar system costs 5k, then that's 8 years for break even, ignoring running costs, servicing.
I realise that ESB may go up in price over the next few years, but given that the system may only have 5 year warranty, it still doesnt seem to make much sense economically.
The SEI are pushing these big time, but I guess that is in order to get the national carbon footprint down before we get fined into oblivion.
I also think some people want to have these as a green fashion statement.
Can anyone convince me that these really are the way to go for saving money on domestic hot water?
[broken link removed]
If one uses 3500 units of electricity pa on hot water, that's about 630 euro.
If e.g. a solar system costs 5k, then that's 8 years for break even, ignoring running costs, servicing.
I realise that ESB may go up in price over the next few years, but given that the system may only have 5 year warranty, it still doesnt seem to make much sense economically.
The SEI are pushing these big time, but I guess that is in order to get the national carbon footprint down before we get fined into oblivion.
I also think some people want to have these as a green fashion statement.
Can anyone convince me that these really are the way to go for saving money on domestic hot water?