There are multiple ways that solar energy can save you and your household in the long run. When it comes to solar savings, traditional energy doesn’t stand a chance! Invest in Solar Energy Now to Save Money Later! This $156 is the extra money that you are now pocketing and will continue to pocket, and even more, as electricity rates rise over the years. That’s the money you would spend on electricity per month without solar. If, for example, you normally use 1,200 kWh of electricity at $0.13 per kWh, your savings are $156. Yes They Do! After the payoff period you can calculate your Return On Investment (ROI) by looking at your electricity usage. Check out our entire page devoted to Grid Tied Solar Systems to learn more. All the power you use will be taken from the power coming from your solar system. That power flows directly to your home or business so that you are not drawing on the power grid. During the day your Grid Tied system will collect power from the sun’s rays hitting its panels. Grid Tied Solar Systems connect to the utility grid to provide you with free, clean, renewable energy. Solar Panel Savings: Grid Tied Solar System First you need an overview of each type of solar system. Whether for business or personal life, solar energy can help you get ahead financially and positively impact the environment.īelmont Solar is here to help you make the right decision about which solar panel system will help you save the most over time. Ready to save that $20,000 over the next 25 years with solar power? There are 3 main types of solar panel systems you need to know about that will help you save big on your energy costs. What could you do with $20,000? Solar Panel Savings: The 3 Main Types Of Solar Panel Systems With an 8 or 10-kw Solar Panel System you could easily save $20,000 in that time or even more depending on your energy usage. In some parts of the country the cost per kWh hour is much higher than $0.13. Based on the National Average kWh cost of $0.13 your energy bills will total $46,000 or more over a 25 year period. Solar Panel Systems can provide free, renewable energy for up to 25 years. You can safely estimate that you will use around 1,200 kWh per month in your home. Kilowatt Hours include things like heating and cooling, appliances, TVs, and interior and exterior lighting so the hours of use can add up quickly. You are probably using about 12,000 kWh per year in your home.
The national average cost of a kWh is $0.13. The power companies then multiple the number of kWh used by the price of electricity per kWh to determine your monthly electricity bill. The Kilowatt Hour (kWh for short) is the unit of measurement power companies use to measure how much electricity your household uses per month. Solar Panel Savings: How Many Kilowatt Hours Do You Use?
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