Solar Pool Heating Cost Savings

Initial Investment of solar pool heating

The cost of our solar pool heating system is usually between $6,000 and $8,000 for a typical pool. The solar pool heating system demands a higher initial investment than a gas or electric pool heating system but you will recover the initial investment in a relatively short time depending on how often it is used and on the price of natural gas which seems to only go up.

Operating costs of traditional vs solar pool heating

The operating costs of our solar pool heating systems are almost zero while the operating costs of a gas pool heater are usually between $500 and $1500 a month for an average pool.

Savings and payback of solar pool heating

In order to compare the payback and savings of pool heating systems let us assume we are using a 400 square foot pool for 10 years. The cost analysis would be:

Gas Pool Heating System (10 Years)
Initial Investment: $2,500
Operating Costs: $10,000 (guess)
Total Costs: $12,500

Solar Pool Heating System (10 Years)
Initial Investment: $5,000 (including installation)
Operating Costs: $500 (maintenance)
Total Costs: $5,500

It is very clear that a solar pool heating system for the case above can be paid back in 3 years. The savings over a 10 year period are $7,000. This can be a much higher saving depending on the size of pool and how often it is used. A research study has been performed by Natural Resources Canada on the cost of solar, gas and electric pool heating systems.

Cost comparison of solar heaters, gas heaters and heat pumps

Type Of Heater Installation Cost Annual Cost Total Cost After 15 Years
Natural Gas $2,300-$4,900 $350-$1,200 $7,500-$22,900
Heat Pump $3,100-$6,400 $160-$500 $5,500-$13,900
Solar Collector $3,000-$6,000 $0 $3,100-$5,750
Referenced from Natural Resources Canada
Note: These costs are based on a natural gas price of $9.13 per gigajoule and an electricity price of $0.08 per kilowatt-hour.