Solar Water Heating Business Business Overview:

If you are interested in helping others save money while being a friend to the environment, you should look into starting a solar water heating business. With the rising costs of electric and gas power today, more and more people are looking into alternative methods to heat and cool their homes. A solar water heater can save a homeowner more than 50% on his or her water energy bills. They do cost more than a regular hot water heater up front, but in a few years, homeowners usually recoup those expenses, making this a very attractive option for many people. Owning a solar water heater can also get you some pretty attractive tax credits. It seems solar water heaters should be able to sell themselves, right? In some cases, that’s true but if you have good research to show your potential customers and high quality installation experts putting in the units, you should have no problem convincing customers that this green business idea is worth the initial expense. Once your business has some residential clients, you might look into installing solar water heaters in apartments and commercial buildings. You will want to advertise your business in the green community in your area. If there are any businesses that sell environmentally friendly home improvement products, it would be a good idea to get your business prominently displayed there. Even big box home improvement stores should be receptive to energy saving products. You can also advertise in local magazines, in the newspaper and online. After you get a few installations under your belt, you should have homeowners and business owners lining up to take advantage of this energy-saving green business idea.

A Day in the Life of a Solar Water Heater Business Owner:

This article brought to you by Business Ideas! If you enjoyed this article, make sure to subscribe to the Business Ideas Newsletter to get ideas sent straight to your email inbox.Your day will begin with a check of your calendar to see if any installations are scheduled that day. You will talk to your installation experts to make sure they have the equipment and information necessary to do the installation. You will follow up with your customers after the installation to ensure they are happy with the work. You will spend some time marketing your business and doing research into the latest solar water heater technology. At the end of the day, you will record the day’s payments and make sure your crew is ready for any jobs the next day.

About Your Customers:

Your customers will be homeowners, business owners and apartment or condo owners looking for a cost effective and environmentally friendly alternative to standard hot water heaters.

What You Need to Start:

  • Business plan
  • Marketing plan including research to show customers
  • License and insurance
  • Relationship with solar water heater equipment distributor
  • Staff of installation experts
  • Vehicles to transport large equipment
  • Computer with finance software

The Good:

  • As more people become aware of this technology, the demand will continue to rise.
  • Installations are simple.
  • Tax incentives are available for operating a green business.
  • Helping people to be more environmentally responsible is rewarding.
  • You can charge top dollar for high quality installations.

The Bad:

  • It could take some time to build up your client list.
  • It might be difficult at first to find skilled installers who are familiar with solar equipment.

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