How Much Can I Save With Solar Panels?

Solar energy panels not only help with helping the environment, they also have the benefit of saving you money on electric bills over time.

The real question is: does installing solar panels actually save you money?

The simplest answer to this question is: YES! However, how much money you actually save depends on several factors.

Some of the factors that solar savings is dependent upon includes the amount of sunlight your panels receive everyday. The angle of your roof at which the panels are installed, the type and efficiency of the panels, and your local electricity rates are also contributing factors.

The first step to fully understanding the savings you will receive by switching to solar is to calculate the amount of money you are spending annually on your electric bills. The average rate of energy usage for a resident in California is around 557 kilowatt-hours (kWh) per month, which is about 6,684 kWh per year. The average cost of residential electricity is about 19.2 cents per kilowatt-hour, putting an average California around $1,283.33 per year spent on their electric bill.

Another factor is the utility rates increasing with time. Every year, the electric rates increase by an average of 2.2% per year. For this reason, many homeowners are switching to solar with Orange County Solar not only to save energy and money, but also to lock in their current utility rates. Orange County Solar provides high-efficiency solar panels that allows Southern California homeowners to save and entirely eliminate their electric bill over time.

The efficiency of each solar installation depends on the quality and wattage of the solar energy panels installed on the home. Orange County Solar is a Premium Panasonic Solar Installer and the preferred partner for Panasonic. Panasonic solar panels and battery systems are the most efficient panels on the market today; they produce the maximum energy and are capable of absorbing and converting more sunlight comparable to other solar panel products.

Another benefit of the savings you will receive by going solar is that the energy you do not use immediately is sent to the grid (electric company) and you might be able to receive credits on your electric bill in exchange. Over time, this can reduce and entirely eliminate your electric bill, of course considering you are not overusing the capacity of the solar system you had installed. You may have a small payment due at the end of the year from the electric company, which is simply just to have the power on in your home. However, your monthly electric bill can be reduced entirely over time with the proper number of panels installed on your home by Orange County Solar.

While financial incentives are the greatest factor for most homeowners to switch to solar, there also is a huge positive impact it can have on the environment as well. When you have solar

energy panels installed on your home, you can reduce your carbon footprint. This simply means you are contributing to the health of the environment by reducing greenhouse gas emissions.

What exactly are greenhouse gas emissions? A greenhouse gas is a gas that absorbs and emits energy with the thermal infrared range, which causes the greenhouse effect. This can cause climate change by trapping heat in the environment. Greenhouse gases also have a harmful effect on human health, causing respiratory diseases from the smog and air pollution and many other health concerns.

Regardless of whether you are concerned for your financial savings, health, or the environmental factors, solar energy panels will have a positive impact on your life. You can save the environment by saving energy, which in turn saves YOU money! Solar energy panel installation by Orange County is truly a win-win for everyone.