Answer:
It depends on how you look at it. Solar water heaters are more expensive to install due to the installation of solar panels, but they basically will run so cheap that you wont even notice them on your energy bills. On an average, Solar Water Heaters cost around $6,766 (80 gallon tank) installed. The highest system cost can go up to $9,654 (>120 gallon tank) and the lowest system cost can go to $3,935 (<80 gallon tank).
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Replied By:
MIGUEL FULLER
(Hartford, CT)
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Replied Date:
03/09/2013