how much can I save with solar energy?
The amount of money you can save by embracing solar energy varies widely across the United States. The largest factors include your utility provider’s billing rates, and the amount of energy you’re able to produce given your geographical location and the navigational direction of your roof. Currently, national averages estimate net savings for solar energy systems to be $10,000 to $13,000 over the life of the system.
Utility Billing Rates. The amount that you are charged for electricity is even more important than the amount of electricity you use when determining if solar would be a valuable investment for your home. The amount of energy you use is measured in kWhs, and your utility provider will charge you a certain dollar amount per kWh. Some regions are charged very little for their electricity ($0.09/kWh), while others are charged as much as $0.20/kWh. Although $0.11 seems like a small difference, if you were to compare those rates side-by-side on the same home (let’s say it uses 2,000 kWh per month), one bill would be $180, while the other would be $400!
The point of all of this, is that the amount you pay for electricity has a huge impact on the amount you stand to save by going solar. To a certain degree, the amount of electricity you use can also play a role in determining how much you can save by going solar. Households that use very little electricity, or a very large amounts of electricity, may find that it will take them much longer to see a return on their investment. Finding out how well your home would benefit from solar is as simple as requesting a quote. We will look at all of the factors specific to your home and your electric bill, and help you to understand what solar would look like for you.
Your Home. The second factor determining how much you could save with solar energy, is your home. Geographical location plays a large role in how much energy you can produce with a solar energy system. Factors like weather patterns, and how many hours of direct sunlight your region gets, will have a huge impact on a system’s energy production. In addition, the direction of your roof is very important. In most situations, maximum production happens when panels are able to point directly south. The more your roof faces east or west, the more you will see a depletion in energy production. Because of this, roofs that face north are generally not suitable for solar at all here in the United States. By requesting a quote today, we will use our tools to see how efficiently a solar energy system would work on your home, at absolutely no charge to you.