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Economic Analysis of Solar Water Heaters in GuangZhou
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As a mature applied technology, the largest obstacle to the promotion of the solar water heater is the high initial investment that makes an impact on consumers' choices. The initial investment and maintenance cost of the solar water heater,gas water heater and electrical water heater in Guangzhou was compared and the Annual Cost Calculation Method (ACCM)was introduced to explain the remarkable economic benefits. The social benefits of the solar water heater were introduced from a scientific view.
Wang, Y.; Zhao, L. (2006). Economic Analysis of Solar Water Heaters in GuangZhou. Energy Systems Laboratory (http://esl.tamu.edu); Texas A&M University (http://www.tamu.edu). Available electronically from