Which solar technology makes economic sense for a homeowner?

Question

Quizplus · Accepted Answer

Water heating technology, also known as solar thermal technology, is the most cost-effective for homeowners as it can save up to 50% on annual water heating costs. Solar cells, also known as photovoltaic panels, are expensive and have a longer payback period, making them less attractive for homeowners. Power tower technology is typically used by large-scale power plants and is not practical for residential use. Biomass technology involves burning organic materials such as wood or agricultural waste, which can be costly and negatively impact air quality.

Which Solar Technology Makes Economic Sense for a Homeowner