Solar Water Heater Should be the First Step
Looking at the situation happening in the Middle East, I think it's the best time to move towards the renewable energy sources. And in that first step is to get the solar water heater. This is because the solar water heater is the cheapest way to get into the renewable energy.
PC: Pixabay.com
Say for example, you have a house and you have 2 to 3 geysers at house. Now to buy the geyser you have to pay atleast 5K which means 15K you have to pay and also you have to pay the electric cost every month. And at almost the same price or little extra you can get the solar water heater. And with that you don't have to pay the electric cost at all.
In this way you will save recurring money and in 2 to 3 years you will be break even. Usually Solar water heater warranty is around 10 years so after 3 years you will enjoy the free hot water. And this will only work for the people who have their individual house, for the apartments you have to have the geyser and you don't have any options.
And if you are in Bangalore where you have to get the geyser for atleast 6 months in a year, it's a great way to save some future money. And since it's cheap, it should be the first step in adopting the solar ecosystem. Also it doesn't require a lot of your space so that it's a win win situation for consumers.
Leave Solar Water Heater Should be the First Step to:
Read more #hive-engine posts
Best Posts From Coding Defined
We have not curated any of codingdefined's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Coding Defined
- Investing in Nifty 50 Only
- Biggest Motivator for FIRE
- Every Business is Small at the Starting
- Multiple Credit Card Devalued
- Keeping Friends Over Rent
- Driving Cab For Living
- Finding Next Gem in Stock Market
- HPUD & Monthly Goals Update - April
- People Invested in FD are enjoying
- Solar Water Heater Should be the First Step
- It's Time to Put More Money
- No-Cost EMI is a Trap
- Track ETF Investment
- Be Like Cockroach
- Eat The Elephant
- Gold And Silver Crash
- Market Manipulation
- INR vs USD
- FD for Short Term
- Indian IT Industry Taking a Hit