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7.2 The Market Transferability to Other Islands To expand the market to other islands, the mentioned prerequisites have to be in place. Furthermore, the markets have to be defined and quantified, which is quite difficult. For example, coverage of running water is a basic requirement for solar water heater implementations because if the water supply cannot be met, hot water is considered as luxury good. This would mean that solar water heaters preferably address the middle and higher income classes. But even in those income classes, many people reported that they do not need a solar water heater because they are satisfied with the tap water temperature of almost 27°C. That is different in the many hotels of the islands though. Tourists want to experience the same standards as in their home countries and do not want to miss a constant hot water supply. So the question arises, if there is a relation between income and solar water heater implementations. Out of the three case studies, Barbados is the wealthiest country. With a GDP of 18,500 USD (est. 2009) almost every second household has a solar water heater installed. However, as can be seen in Figure 30, installations declined sharply with the onset of a major economic recession in 1990 to under 1000 units in 1993. With the economic recovery, solar water heater sales increased and stabilized (Perlack & Hinds 2008). That means that there is definitely a correlation between economic welfare and the amount of installed solar water heater systems. Figure 30: Annual Solar Water Heater Installation in Barbados Source: Perlack & Hinds 2008 Viability in Terms of Sustainable Development 83PDF Image | CARIBBEAN RENEWABLE ENERGY DEVELOPMENT PROGRAMME
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