http://www.marketwire.com/mw/release_html_b1?release_id=211240ORLANDO, FL -- (MARKET WIRE) -- February 07, 2007 -- FAFCO Inc., the oldest and largest producer of solar pool heating panels in the United States, announces the world's first lightweight, affordable, all-polymer, do-it-yourself solar hot water system designed to reduce water heating bills by up to 50%. Hot2o™ is the culmination of a ten-year collaboration with the U.S. Department of Energy.
"The debut of Hot2o marks a significant milestone in the history of solar energy because of the technology, the potential savings to consumers worldwide and its ability to reduce the environmental impact associated with traditional energy sources," said Freeman A. Ford, CEO and co-founder of FAFCO Inc. "Over the last decade, FAFCO has worked collaboratively with the U.S. Department of Energy's National Renewable Energy Laboratory to develop a solar domestic hot water system that can be used by all markets in all geographies. It's lightweight, affordable and easy to install. It offers tremendous savings to homeowners."
The Hot2o solar hot water system replaces heavy, expensive, and difficult to ship glazed copper collectors with lightweight, inexpensive, and easy to ship polymer collectors. Hot2o is designed to work with any conventional residential hot water tank. The entire system fits in a single box and weighs less than 62 pounds. The system can be safely deployed on a roof by a single person using typical household tools. Unique self-locking connectors and flexible polymer tubing avoids sweated fittings and reduces installation time, difficulty, and leak risk. Homeowners can begin seeing a return on investment as soon as the system is installed. Hot2o pays for itself in less than five years, as compared to ten to twenty years with traditional glazed copper solar hot water systems.
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