Solar Water Heating is Best Use of Solar Power
Solar Water Heating is Best Use of Solar Power, Indian Scientists Assert
According to their analysis, published in the International Journal of Global Energy, as the payback time for a solar water heating system is about two years (with a lifespan of 20), this is a far more cost-effective use of solar energy in the developing world than using it to generate electricity. Compared to electrically heated water, solar water heating is 57% of the internal rate of return, the scientists found