How Much Can Solar Save?

How Much Can Solar Save?

Solar energy is perceived to be beneficial for not only the environment but also the individual’s wallet. However, do these benefits really outweigh the cost of installing a solar system? What are some of the variables that come into play?

First off, there is no one-size-fits-all estimation for how much solar will save you. There are just too many variables to consider. The most important variable is where you live because this affects your potential savings with solar energy.

There are two main factors that go into determining what your monthly savings will be: average daily sunlight hours and electricity rates per kWh (kilowatt hour). Every state gets a different amount of sun so if you want to know how much money you can save with solar in your area.

As solar energy ends up being progressively cost-effective, the monetary motivations that come with installing photovoltaic panels are equally as influential as the environment-friendly motivations. There’s a reason that virtually 645,000 United States houses, as well as organizations, made the option to change to solar energy in 2014– it’s because photovoltaic panels are a clever financial investment that save homeowners far more than what it costs to mount them.

Why lose the setting as well as your money when the earth is hit with over 8 million quads (1 quad = 1,000,000,000,000,000 BTU) of clean, renewable solar energy every year? It’s possible to be eco accountable while likewise being liable with your financial resources.

By mounting residential solar panels, you can obtain the most power for your residence by investing the least amount of cash on energy bills. Figure out more concerning the financial benefits of solar power with this infographic.

How Much Can Solar Save?

Most Costly Solar System

According to NREL, a $152,200,000 solar power system was integrated in October 2009 in Florida

Oldest Solar System

NREL dates several of the earliest solar systems in the United States being mounted in 1983 in Florida and Idaho

The earth is hit with 8.2 million quads of solar energy every year Typical payback period on a residential solar installment: 9 years (payback duration for industrial solar is substantially less). It costs less than $3.00/ W to mount a household solar roof covering mount.

As you can see a lot of firms are using solar power to conserve energy. With the tax rebates it is a wonderful time to consider mounting solar panels for your home. It would be nice to conserve the earth and save money at the same time.

Going 100% Solar

Due to the latest technology, it is now possible to go 100% solar. For instance, in some regions, if you had approximately 20KW of solar panels you could get nearly 60% of your daily energy usage from this source alone.

The government has an increasing number of tax breaks for people who choose to mount solar panels on their property. Right now there are many companies that will give you a rebate if they install the system on your roof free of charge. With all these rebates and changing rules around going green more and more businesses are starting to add environmentally friendly policies onto their projects just so they can save money while doing something good for our planet at the same time!

You can even sell electricity to government agencies. Businesses can now buy electricity from homeowners.

Conclusion

Apricot Solar Experts is helping a lot of companies get a great start on going green with their electricity. You would be amazed to know how much you can actually save with solar!

You just need to call Apricot Solar Experts and we can sit down and go over the many jargons and all the rebates that could help your company or your house save money.

Apricot Solar Experts will be glad to help you start going green with electricity!