How Much Will Solar Save Me

The first step to understanding how much solar can save you is to calculate how much you are currently spending on electricity every year.

How much will solar save me.

Household is 10 972 kilowatt hours kwh. How much do solar panels save the average home. We will not sell trade or rent your personal information to others without your permission. When it comes to saving money on energy costs solar energy systems are an investment with a high return on what is known as avoided cost.

Multiply that by the national average electricity rate as of june 2020 0 13 per kwh and you ll find that the typical american family has electricity. The average annual electricity consumption for a u s. How much money do solar panels save you on electric bills. Living in hawaii isn t so expensive once you re saving that much money residents who go solar save an average of 64 000 after 20 years and 73 000 over 25 years.

For example the average annual electricity use required for a u s. Use this solar panel calculator to quickly estimate your solar potential and savings by address. For folks who like statistics. Estimates are based on your roof electricity bill and actual offers in your area.

Interestingly these numbers are based on research from 2011 and the prices of solar panels have dropped since 2011 by 60 percent so take that into consideration when you. Call renova energy for a free quote. Residential utility customer is 10 972 kilowatt hours kwh per year or an average of 914 kwh per month.