Solar Panels Really Save Money

Can solar really save you money.

Solar panels really save money.

It may seem obvious but access to sunlight is important. One of the most common questions we hear is how does going solar save me money and there are several ways. That being said how much you ll save depends on a number of factors. Direct hours of daily sunlight and the size and angle of your roof are both important but local electricity rates play the biggest role in determining how much solar can save you.

What are you really buying when you get solar panels. But the true cost of solar panels and whether they ll help you save money depends on a few key factors. Not only does a solar energy system add value to your home the minute it s up and running it often pays for itself and then some. If your roof is deeply shaded by trees mountains or buildings solar panels won t work well.

But what s most important to know is that as soon as your solar panels are up and running you start seeing electricity savings and cost savings on your monthly power bill right away. The credit could save the average homeowner 5 000 or more depending on the size of the system according to energysage a solar marketplace with a calculator to help estimate savings. If you install a residential solar system in your home you ll drastically reduce your carbon footprint save thousands of dollars on your electric bill over the lifetime of the system which averages about 25 years increase your property value and achieving a significant return on investment well over 100. The simple answer to the question do solar panels really save you money is yes.

In short cost savings and environmental benefits.