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Question:

What is the average payback period for a solar water heater?

Answer:

The average payback period for a solar water heater typically ranges between 3 to 7 years, depending on various factors such as the initial cost, energy savings, and local incentives.
The average payback period for a solar water heater typically ranges from 5 to 10 years, depending on factors such as the initial investment cost, energy savings, and local utility rates.
The average payback period for a solar water heater typically ranges from 4 to 8 years, depending on various factors such as installation costs, energy savings, and local incentives.

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