What is a Payback Period?

Payback Periods are unique to Renewable Energy Systems. What you pay for a SunMaxx Solar Hot Water System is an investment, like investing in the stock market – however, with SunMaxx Solar Hot Water, there is no chance that your stock will go down. Over a number of years, your SunMaxx Solar Hot Water System will save you enough money in heating costs to completely pay for itself once or more over. The number of years that it takes for a SunMaxx Solar Hot Water System to pay for itself is known as the Payback Period.