Cheap Hot Water? Just Add Sunshine
By Gwendolyn Bounds in the Wall Street Journal, January 28 2010
As more homeowners are discovering, you don't need a super hot climate and tens of thousands of dollars to go solar. In many cases, all it takes to offset two-thirds of your hot water bill is a couple of panels resembling skylights, an 80-gallon water storage tank and some shade-free southern rooftop exposure. Costs range from about $2,000 to $10,000, sums that can be halved thanks to hefty new federal and state incentives. Just last week, California launched a cash-rebate program that will average $1,500 for residents to install solar water heaters at home.