Solar Heating - Solar heating ''can cut fuel bills''

14/02/2008

Fuel bills can be cut by as much as 50 per cent through the installation of a solar heating system, it has been claimed.

The suggestion came from Florin Plavosin, senior director of product development for Enerworks, after the technology company installed 40 collectors and a solar energy unit at the Les Jardins Lebourgneuf retirement home in Quebec.

With the cost of fossil fuels rising, a solar heating system was the perfect choice for the development's hot water system, according to Mr Plavosin.

"The home's water heating bills will effectively be cut in half as the … system meets close to 50 per cent of their annual hot water needs."

Meanwhile, Infinia Corporation has announced it has secured a $50 million (£25 million) financing package to fund the development of its new Solar System product.

The system is designed to harvest energy from sunlight and convert it into electricity using an emissions-free process.