Is solar heated water worth it? Is it worth the upfront cost and will it really save you money in the long run? For most homes, the short answer is: yes and yes. A well chosen solar hot water system or a heat pump may cost more to begin with, but for most homes they’ll be significantly cheaper to run than a conventional electric or gas system.
How much does it cost to install solar in San Diego? Given a solar panel system size of 5 kilowatts (kW), an average solar installation in San Diego, CA ranges in cost from $11,900 to $16,100, with the average gross price for solar in San Diego, CA coming in at $14,000.
How much does a solar hot water heater cost? Solar water heaters for homes cost $3,000 to $9,000 with installation. Active solar water heating costs $2,300 to $6,000, and passive thermal water heaters cost $1,000 to $3,700 for the system alone. Solar hot water collector panels cost $800 to $1,500 each. Solar storage tank prices are $1,000 to $2,800.
Is solar hot water cheaper than gas? While solar hot water systems are expensive to purchase, they are much cheaper to run than gas or electric storage hot water systems. The exact amount it costs to run a hot water system varies wildly depending on your location, climate and energy tariff.