If you have ever been to Phoenix, AZ , Scottsdale, Mesa, Chandler or Gilbert you know why they call the greater Phoenix area, ‘Valley of the Sun'.
According to the U.S. Department of Energy report on Solar heating systems,
On average, if you install a solar water heater, your water heating bills should drop 50%-80%. Also, because the sun is free, you're protected from future fuel shortages and price hikes.
If you're building a new home in Phoenix or refinancing your Scottsdale vacation home, the economics are even more attractive.
"Including the price of a solar energy water heater in a new 30-year mortgage usually amounts to between $13 and $20 per month. The federal income tax deduction for mortgage interest attributable to the solar system reduces that by about $3-$5 per month. So if your fuel savings are more than $15 per month, the solar investment is profitable immediately. On a monthly basis, you're saving more than you're paying."
Investing in a solar energy system to heat your water system may just what you need to reduce monthly energy costs and get sell your Phoenix home