Posted On: November 1, 2020

How a solar water heater can save you money

Solar_Water_Heater_80_gallon

Before we get into the water heaters let’s talk about electricity cost , how much the Jamaica Public Service (JPS) charges per kW/h of electricity usage, and how much hot water you use on a daily basis or would like to.

Currently, JPS charges approximately JMD$41.00 per kw/h of electricity usage on average it takes 8 kw/h to heat 40 gallons of water to 60°C (140°F).

8 x $41.00 = $328.00

Which means it costs JMD$328.00 to heat 40 gallons of water. Now let’s assume you don’t use more than 40 gallons of hot water a day

$328 x 30 days = $9,840.00 a month

$9,840 a month x 12 = $118,080 a year

That’s how much it costs using an electric water heater (assuming you only use 40 gallons a day). Now let’s pretend a few family members from overseas come to stay with you for a few months, inevitably more hot water will be used maybe twice as much.

That is 80 gallons of hot water a day for around 3 months costing you $59,040.00 for that period alone resulting in an Annual cost of $177,120.00!

If you purchase a 42 Gallon Solar Water Heater from Conserve It with a 12-year agreement for USD$1,413 you completely eliminate the cost of hot water from your electricity bill. It would take a little under two years in savings from your electricity bills to payback for a solar water heater , which would deliver hot water at no cost for at least another 10 years.

Click here to request a quote for a solar water heater today

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