• Solar District Heating is now a reality in many parts of Europe Solar District Heating is now a reality in many parts of Europe
  • Solar heating panels are easy to install and provide cost-free solar heat from sunlight! Solar heating panels are easy to install and provide cost-free solar heat from sunlight!
  • Payback is quick and there are many government incentives Payback is quick and there are many government incentives
  • The principle is simple, reliable and proven The principle is simple, reliable and proven
  • Solar hot water preserves the environment Solar hot water preserves the environment
    

Reducing Risk

Risk is an inherent part of the energy market. A solar thermal system provides a cushion against some of this volatility and rising prices. Fluctuating fossil fuel costs can make budgeting difficult. Even with a locked-in rate, there is great uncertainty as to what the cost will be when the contract expires. Delivery charges and other fees compound the expense of carbon-based fuels. Regardless of the ups and downs of the market, economists believe that overall fuel prices will rise and the rate of increase may be dramatic depending on local and global supplies. Solar thermal is essentially a pipeline of free energy - when the sun is shining, hot water is being generated at no cost to you. Every therm that comes from your system is a therm you did not have to pay to heat.

Investors are always advised to determine their own risk tolerance before making an investment decision. A solar thermal system is an investment, but one that even the most risk-averse organization can commit to. Solar thermal systems only require the sun to provide the energy needed for hot water and space heating.

You will begin seeing your investment pay-off shortly after completing the installation - when you receive your first lowered energy bill. After the initial payback period, your investment will be generating “pure" savings over the next 20 to 40 years of the system’s life. Given the quality of the materials and the expert workmanship that go into an Ely Beach Solar installation, the savings are maintained with minimal costs for monitoring and servicing.