Direct hours of daily sunlight and the size and angle of your roof are both important but local electricity rates play the biggest role in determining how much solar can save you.
Do you really save money with solar panels.
The simple answer to the question do solar panels really save you money is yes.
How they help you save money.
Less power from grid a solar system helps you save because you won t be using as much electricity from the grid.
On average installation and the system together can run between 15 000 and 25 000.
If you re looking to save a ton of money it really depends on a few key factors.
You might think that owning a solar system would ensure 24 7 access to electric power even when the grid goes down from hurricanes or other disasters or accidents.
Solar panels give you the ability to save money by creating a natural source of energy that has the ability to power your home and heat your pool.
But the true cost of solar panels and whether they ll help you save money depends on a few key factors.
That being said how much you ll save depends on a number of factors.
The advantages of installing solar panels include a contribution toward saving the planet saving money on electricity costs and even an increase in the equity of your home.
In those events you have to rely on a generator or buy a battery backup for your solar system.