Are you tired of sky-high energy bills? On average, households in the United States pay around $1,500 annually on electricity alone — which is no small amount. Fortunately, there are plenty of ways to reduce or offset your energy costs, and, of all the alternative energy sources available today, there’s none as efficient, effective, and reliable as solar power.
But, do average savings with solar energy offset the initial costs? After all, it wasn’t too long ago that private solar panels were considered a luxury.
If you’re considering making the change to solar energy but aren’t sure if it will save you any money, we’re here to help! Here’s everything you need to know about how much you’ll be able to save on energy by making the switch to solar power.
How Much Can You Save?
In short: it depends.
Unfortunately, there is no quick and easy answer when it comes to calculating solar savings. There are dozens of factors that can affect your overall solar savings, from the availability of solar panels to the amount of regular sun exposure in your area.
That said, some experts calculate that swapping to solar could save homeowners an average of $1,500 on energy costs, or 100% of their bill, annually. While that’s a pretty decent annual saving, before you start searching the internet for a ” solar company near me,” you should take some time to consider the factors that can affect your overall savings and eligibility.
What Affects Your Savings with Solar?
The most significant factor you must consider before deciding whether or not solar power is a viable alternative energy source for you is your location.
Different places get different average levels of sun exposure, and the amount of sun you get on average can affect how much solar power will save you. For example, while someone in Arizona, Florida, or Texas may have access to a lot of sunshine all year round, meaning they’ll be able to offset most if not all of their electricity. However, if you live in Washington or Maine, you may not get enough sun to offset enough power to make the change worth it.
Sun exposure aside, where you live can also affect your overall cost of energy and whether or not you’re allowed to switch solar power at all. The initial cost of solar panel installation and regular maintenance can also affect your savings, so make sure you take the time to do plenty of additional research into local policies and pricing before you start socking up on solar panels.
Here Comes the Sun
It’s no secret that alternative energy sources, like solar power, will replace our current primary systems in the next few years. So, if you’re considering making the switch to solar, there is no time like the present.
Now that you know a bit more about savings with solar power, it’s time to take the plunge and make the change to greener and less expensive energy.
Still not sure whether solar power is right for you? We’ve got you covered! Check out the rest of our blog for more helpful articles on how to improve your carbon footprint and make the change to green energy today!