On Tuesday night I moderated a meeting of interested Sanibel citizens about installing Solar Hot water heating systems on Sanibel homes, condos and commercial buildings. At this time there are a number of State and Federal incentives to assist with the payment of these systems. The State of Florida is offering a $500 rebate and the Federal Government is offering a 30% tax credit (not deduction) toward the expense of installing such a system.
Aaron Fields of Advance Solar
in Ft. Myers presented a proposal that would install these systems for under $2000 after all the rebates and tax credits. The payback period for the investment is 2 to 4 years depending on your water use. After that, the hot water is free of energy expense! The intention of this initiative is to get as many buildings on Sanibel Island using the energy of the sun to heat their hot water.
Sanibel Island is the perfect place! From a personal perspective, I have a solar hot water system on my pool and it is great. Aaron will be visiting my home very soon to see if Solar Hot Water is in my future! If you call Aaron, reference the Sanibel Solar Initiative for all the details.