Average Costs On Solar Help To Inform You

Having options is a good thing.  When it comes time to make your decisions, it's good to benchmark them off other peoples previous experiences.  Variety in energy usage and energy price throughout our great country indicates that an average number is of little use. However, a lot of you like to see the raw info.  Here it is for ya, so let this somehow guide you to a solar panel future. 

Average Electricity Usage

The common annual electricity usage for a U.S. residential utility consumer is on average of 897 kWh per month. Multiply that by the national average electricity rate as of November 2017 ($0.1301 per kWh), and you'll find that the average American family is paying over $1,401 a year on electricity. This suggests that if each home was to install enough solar panels to cover their electricity bill then typically the savings from installing a residential solar system in America in 2018 would cost $1,401 per year.

Avoided Expenses

When we discuss solar savings, we are talking about the skirted expense. That is, the amount you would have spent on utility electricity had you not installed a solar power system on your house to provide the same power. These savings are genuine. The extremely high plausibility that you will continue to need to use electricity at your home means that solar savings are considered a very bankable investment return.

However, the first mark to working out solar savings is first to understand how much power you use now, how much that costs you and how much power you are likely to use in the future.

How Much Will This Cost You?

The savings you can assume from installing solar panels for your house will vary based on your location, the utility you are with, the specific utility rate plan you are on, the suitability of your roof for maximized solar energy generation and the cost of installing residential solar panels in your city.

Price Tools

Many of the online calculators that indicate to show you these savings trivialize issues for the sake of making their online solar savings calculators usable by customers with little effort. Nonetheless, the solar savings calculator on HahaSmart is probably the most reliable solar savings calculator you can use online without getting a detailed review done by a professional solar company. The way this site works is that you enter your details and it produces a detailed online savings assessment and cash flow forecast (generally 70-90% accurate). It then asks a local solar company to review what you have put in and presented a more accurate solar quote and savings estimate.

Want to save and be guided by experts who do the research and know the answers? Go to HahaSmart.com and try our price checker tool. How much solar power you need and how much you can save on your energy bills each month.

Please visit our solar blog to find out more about how the savings on solar panels keep on coming