Is a solar hot water system cheap

 

The solar hot water system, also known as the solar thermal system, is an excellent and efficient energy system that can be used to generate power to heat water.

These thermal panels directly use sunlight or heat from the sun to heat water and are cheaper than PV panels. With solar systems, you can save a lot on utility bills and fuel consumption.

However, if you go with a general review by users, the solar photovoltaic system is considered a bit more efficient than the thermal water heating system. Even if they are not cheap initially, you can save a lot on utility bills once their installation is done. 

The system uses photovoltaic panels to absorb sunlight and store it in electricity, which is further used to power several devices, including heating water. Photovoltaics make it easier to absorb the sunlight than the thermal system.