Wednesday, April 9, 2008

Solar Water Heaters in Barbados

Solar energy the way to go. With solar water heating, it's challenging to figure out the status around the world. I read articles and use some common sense. What Barbados has done is use income tax reductions as a way to push Solar Water Heating. This makes a lot of sense as a way to reduce imports and balance of trade.

After some searching, more information: Promotion of Solar Water Heating Systems.
Ministry of Finance, which enabled manufacturers to import materials duty-free, and provide consumers with partial or full tax deductions forthe cost of the heaters. Retail is $US2000. Saves $US 6.5 million per year in imported fuel and consumers $US 16 million.

Another Article: Solar: Guy with off grid house, Bamboula Haven Eco Study whatsis.

Key points:

  • 2 Year payback.
  • 70% of Government buildings use solar heating.
  • 40% of homes use it.

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