Solar water heating doesn’t involve the solar panels for electricity that we typically think of.  So what is it?  A solar water heater basically consists of heat absorbing material in a collector that gets heated and then transfers that heat to water stored in a storage tank.  Think of the gas or electric expense that you’d save over time.  To find out more about this system, read Jill K. Cliburn’s Guide to Solar Water Heating.

Not only is this a great new “green” approach to a necessity but you may also be able to deduct up to 30% of the installation cost from your federal taxes.  (Consult with a tax professional regarding deductions).