Electricity Savings Solar Panels

Solar savings payback calculator.

Electricity savings solar panels. On average installation and the system together can run between 15 000 and 25 000. The savings achieved by solar panels are directly related to the sunshine they receive. We will not sell trade or rent your personal information to others without your permission. As the first data table illustrates 20 year electricity savings from solar can be significant ranging from the low end of 10k to almost 30k.

Use this solar panel calculator to quickly estimate your solar potential and savings by address. To experience the full savings of 1200 a year your solar panel installation will have to be able to support that level of electricity consumption. Since the panels simply convert sunlight into electricity you can expect them to produce around 50 more kilowatt hours as well. For connecticut the average solar payback period is 8 46 years.

Our solar savings calculator provides more accurate cost and savings estimates by analyzing your current electricity bills rooftop and solar pricing in your area. To visualize the concept assume you have two identical solar systems in different states where one gets 50 more sunshine. Estimates are based on your roof electricity bill and actual offers in your area. See how long it will take for a solar system to pay for itself.

Another way that solar panels help you save is via a tax credit. This question is defined as the solar payback period. A critical question many property owners have when they are considering installing solar panels is the amount of time it will take to recover their initial investment through electricity savings.