Do Solar Panels Save Money

If your roof is deeply shaded by trees mountains or buildings solar panels won t work well.

Do solar panels save money.

Direct hours of sunlight. A 6 000 watt solar system should produce 13 000 kilowatt hours per year which would save you the equivalent of 150 to 200 per month in electricity in most areas says todd verk vice president. 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. But the true cost of solar panels and whether they ll help you save money depends on a few key factors.

If you re looking to save a ton of money it really depends on a few key factors. 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. The simple answer to the question do solar panels really save you money is yes. The credit could save the average homeowner 5 000 or more depending on the size of the system according to energysage a solar marketplace with a calculator to help estimate savings.

It may seem obvious but access to sunlight is important. For an average sized 6kw solar system installed anywhere in the country solar panels will save about 1 500 annually.