Why 2020 Is The Best Time To Invest In A Domestic Solar Water Heater?
Domestic solar water heaters are gaining popularity a lot these days. Even though electric and gas water heater are still now the most used heating appliances, solar water heaters have been adapted by a lot of people too. It can be predicted that in the near future, in 5-10 years, the solar water heater will become a conventional heating appliance. There are several reasons for it.
Shortage of Resources
The first reason being the shortage of electricity or gas which are non-renewable resources. As the population keeps increasing day by day, it is becoming hard to provide electricity and other resources to everyone. Already a lot of people, especially people from rural India are always facing a lot of problems regarding water and electricity. So, it is inevitable that in the future, people will look for other resources like solar energy which is free and abundant. After all, it is being predicted that in the recent future, solar energy will be the sole power to run every technology on Earth.
Too Much Cost Of Electricity
It is basic economics that when supply less than demand, the price of the commodity will rise drastically. The same goes for electricity. Already, electricity has become very costly in a lot of areas. In the future, electricity might even become a luxury affordable only by rich class people. In such a time, solar energy can become the saviour.
It is basic economics that when supply less than demand, the price of the commodity will rise drastically. The same goes for electricity. Already, electricity has become very costly in a lot of areas. In the future, electricity might even become a luxury affordable only by rich class people. In such a time, solar energy can become the saviour.
You might wonder, why then this is the right time to buy a solar water heater rather than buying it in the future. Well, there are several reasons why. One of them is that right now when it is only used less than 10% of the population, buying domestic solar water will get you a lot of benefits.
Every state in every country provides a subsidy to those who use solar-powered devices. If you invest in one now, you will be able to get the subsidy. But, there is no guarantee that you will get the same in the future when most people will start using the same just like electricity. Buying one right now will be advantageous to you in many ways. If you are already struggling with your electricity bill, buying a domestic solar water heater will help you save your money by a lot. The price of a solar water heater is quite reasonable with 10-20 years of warranty. It will be a long time before you even need to think of buying a new one in the future.
So, look for the best domestic solar water heater and buy it this year only.
