How Much Will My Electric Bill Be With Solar Panels?

Those who want to switch to solar energy already know that they will save on their electricity bills… But on the other hand, they wonder how much solar energy affects their electricity bills and how much electricity bills they will face after they start using solar panels. While the results are variable for everyone, we will try to explain how much electricity bills you should expect on average as a result of switching to solar panels.

How It Works?

What awaits us in the process after we have solar panels? How is energy-saving achieved? How does the system work? Let’s introduce them to the subject by explaining…

When you set up your solar panel system, your local utility company offers you an annual payment option. This process, during which you will start benefiting from the annual billing cycle, starts as soon as your solar system is active. It expires after exactly one year. While how much energy the solar panels store plays an important role in this process, you also have the option of reselling the extra generated energy you save to the state.

This system, which is called the correct invoice, may cause you to see different numbers on your invoice for many extra reasons such as the state you are in, the square meter of your house, the number of solar panels you have purchased. But in the “correct invoice” system in general; You will see a breakdown of how much energy you have invested in your account and how much you have consumed. Even if you pay the bill annually, you can view your usage and credits monthly.

How Much Do Solar Panels Save You in A Year?

To understand how much electricity you can save with solar panels, calculate your annual electricity expenses. For example; a typical American family spends an average of $ 1400-1500 a year on electricity. You may think that the average price for you will be this amount. Next, consider the volatile nature of electricity prices. Because as you know, prices paid for electricity and pricing per watt vary every year.

In the last decade, national electricity costs have increased by about 2.2% per year. Utility rate inflation is an additional incentive for solar energy: when you start generating your own energy with a solar panel system; you can index energy costs to a fixed rate. This is actually another reason for the advantages and incentives offered by the state for solar energy. Thus, you do not have to take into account variable price rates and pay for what you use, and you can get a refund for the extra energy produced.

If you want to take advantage of the power of solar energy and see lower numbers on your electricity bill, you can create a request by filling out our form.