Water heating is one of the most cost-effective uses of solar energy. Every year, several thousands of new solar water heaters are installed worldwide. Solar water heaters can be used for Homes, Community Centers, Hospitals, Nursing Homes, Restaurants, Dairy Plants, Swimming Pools, Canteens, Ashrams, Hostels, Industry etc. Use of solar water heater can curtail electricity or fuel bills considerably.
Usage of solar heater for any application where steam is produced using a boiler or steam generator can save 70-80% of electricity or fuel bills. A residence can save 70-80% of electricity or fuel bills. A residence can save 70-80% on electricity or fuel bills by replacing its conventional water heater with a solar water heating system. Solar water heaters are known to have the fastest repaymemt of investment in 2 to 4 years depending upon use and fuel replaced.