How Much Electricity Does Solar Panels Save

Going solar saves versus traditional energy costs per the us energy administration the current average cost of electricity from the traditional grid is 12 75 cents per kilowatt hour kwh.

How much electricity does solar panels save. This is assuming a system size of 6 kilowatts which is common in the us. The estimate also considers the average sunshine available in the country and the average electricity price of 13 34 cents per kilowatt hour reported by the energy information administration. These savings are very real and their relative strength depends on the availability of local city and state incentives. This is a nationwide average.

The amount of money you can save will vary depending on your house. That being said solar energy is an affordable viable option for a lot of people. The size of your solar energy system its exposure to direct sunlight and the incentives available in your area will all affect how much your system will cost you and how much money it will save you. Some states see even higher averages.

For an average sized 6kw solar system installed anywhere in the country solar panels will save about 1 500 annually. On average solar panels will save you over 1 100 per year on your electricity bills. The power that you are using is renewable and less is often required in comparison to the energy produced by the grid.