Electricity Savings Solar Panels

Our solar savings calculator provides more accurate cost and savings estimates by analyzing your current electricity bills rooftop and solar pricing in your area.

Electricity savings solar panels.

The calculator also allows you to compare a high quality photovoltaic pv system with a lower priced solar system and see the difference in payback time. Use this solar panel calculator to quickly estimate your solar potential and savings by address. This question is defined as the solar payback period. But the true cost of solar panels and whether they ll help you save money depends on a few key factors.

Solar savings payback calculator. For connecticut the average solar payback period is 8 46 years. See how long it will take for a solar system to pay for itself. We will not sell trade or rent your personal information to others without your permission.

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. To visualize the concept assume you have two identical solar systems in different states where one gets 50 more sunshine. Since the panels simply convert sunlight into electricity you can expect them to produce around 50 more kilowatt hours as well. On average installation and the system together can run between 15 000 and 25 000.

Solar panels can create big savings ultimately regardless of whether you re looking at finances or carbon emissions a solar panel system will generate big savings for homeowners. The savings achieved by solar panels are directly related to the sunshine they receive. Another way that solar panels help you save is via a tax credit.