How Much Do You Save With Solar Panels? The Ultimate Guide

Published on: 29 September 2021 Last Updated on: 04 September 2024

It’s no secret that installing solar panels in your home can save you a significant amount of money. After all, you’ll be able to partially generate your own electricity as opposed to relying on utility providers. Not everybody knows just how much they can expect to save from home solar panels, though.

How much do you save with solar panels? Let’s take a look at the contributing factors to solar panel savings.

Sun Exposure

As you might guess, the amount of sun exposure in your region will play a large role in determining how much money you save with the best solar panels.

Those who live in states like Arizona, California, Florida, or Texas will save more than those who live in Washington. This means that those who live in regions with a particularly cloudy climate may want to hold off on investing in solar panels.

The Cost of Installation

Those who wish to install solar panels on an average-sized home will need to pay approximately $10,000 to do so. Those who have larger properties will need to spend even more. This also means that it will take you longer to recoup your initial investment.

Keep this in mind moving forward so that you can determine whether or not this option is best for you. You can check out this solar installation company to learn more about a reputable resource for this type of equipment.

Your Overall Electric Bill

The more electricity that you use on a regular basis, the more money you will save by using solar panels. However, those who use minimal electricity each month won’t save enough money to justify the costs of installation. So, those who will benefit most are likely those who run a business out of their home, have a substantial number of people living at the property, etc. To get the most precise measurement and the most out of your solar investment, you should be equipped with a smart electric meter.

Government Incentives

Interestingly, many people are unaware of the fact that the government offers incentives for homeowners to install solar panels. This comes in the form of a tax credit, which allows you to deduct a certain amount of money from your overall income. By extension, this then reduces the amount of money that you pay taxes on.

On average, you can expect to receive a tax credit of approximately 23% of the cost of your solar panel installation. Those who spent $10,000 on installation, for example, would be able to write off $2300 from that year’s overall income.

So, How Much Do You Save With Solar Panels?

The answer will highly depend on the factors listed above. In general, however, you can expect to save approximately $1500 per year on electricity.

Over time, this number can quickly add up. So, keep the above answer to “how much do you save with solar panels” in mind.

Looking for more tips that can help you out later on? Check out the rest of our blog for plenty of more useful information.

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7 Specifications You Should Look for When Buying a Home Generator

Pretty much everyone has wished they had a backup home generator at one time or another. Whether you want a generator just so you won’t be left in the dark during a power failure or you need to know your family will be safe from the cold should a prolonged power outage happen during the dead of winter, buying a home generator requires some careful thought. Past the obvious choices of cost and reliability, there are a number of factors you should carefully consider before buying a home generator, such as price, your expected power needs, installation requirements, and maintenance issues. The variety of options and requirements can turn a seemingly simple purchase into a complex problem if you don’t know what you need. Here are seven specifications you should look for when buying a home generator: Specifications You Need To Look For Home Generator There are several factors you need to look at while seeking a home generator. Work out the plans that can work well for you. 1. Power Requirements: Power needs are often dictated by your budget, as the more powerful a generator is the more it will, typically, cost. However, initial determining factors for calculating the size of the generator can be addressed with this query: During an electricity failure, does the generator need to power the entire house, or just handle emergency needs? When considering a generator that is able to handle the electrical demands of all the appliances in your home, factors such as peak demand during the months you use the most electricity is a deciding factor. Common generator voltages are 120/240 volts. If you are unsure, your electrician can provide this information. If you live in the south, where the temperatures are moderate throughout the winter, you will not need as powerful a generator as if you live in the far north where temperatures can be deadly in the winter months. A powerful home generator can make things easier for you. On the other hand, when calculating needs for backup supply, only the requirements of the reserve need to be calculated. In the north, this should include the furnace and a couple of lights. In the south, a smaller unit that can power a few lights and the refrigerator is probably adequate. For emergency loads, you may need to have an electrician install a dedicated emergency circuit from the main service panel to a distinct backup panel. However, this is typically up to the homeowner’s liking for a whole-house system. 2. Fuel Type: While it might seem convenient, gasoline is usually an inferior fuel choice for emergency generators as it tends to go bad quite quickly, especially gasoline with ethanol. Better choices include propane, natural gas, and diesel fuel. Powerful home generator can make things easier and effective for you. Prices can be a major contention when choosing between a natural gas generator, or propane and diesel since the price of the generator will depend on the amount of fuel the generator uses. The accessibility of the form of fuel is an additional important element. Propane and diesel fuel generators will have to be refilled during extended outages, whereas the utility company provides a continual source of natural gas. Local laws may dictate what type of fuel is available in your area. For example, the fuel element, propane is not usually permissible to be used within the limits of the city 3. Installation: Depending on the type of unit, you may need to hire a licensed electrician to install the generator. While smaller portable units simply require you plug a power cord directly into the unit, larger whole-house generators will need to be hardwired into your electrical system. Additionally, you will probably have to hire an authorized and insured plumber if you will be connecting the generator to a natural-gas fuel source. However, for simple emergency situations, a portable unit like gasoline-powered online Honda generators can provide up to 10,000 watts of emergency power and be stored in your garage, basement or on your porch. Some of the larger generator companies have their own installation staff or may subcontract the work. However, in some areas, depending on local codes, a homeowner with the proper skills may be able to perform their own installation. The important consideration is to use a trustworthy firm with a proven record of accomplishment of installing standby power-generator systems. 4. Placement: Where your generator will be located is an important consideration. The home generator should be installed as close to the fuel supply and service panel as possible. The generator must also be positioned where it can be easily reached for servicing. This is especially important if the unit is not being powered by natural gas, as you will have to fill the tank periodically. Additionally, it must be located at a comfortable distance from the ground to prevent any form of water from coming close or entering the unit in case of flooding. Outdoor installations may be required to be a secure distance from flammable structures to meet codes, as well as for safety in the absence of any local requirements. Indoor installations should adhere to norms and rules regarding exhaust, closeness to flammable materials, fuel-supply, and ventilation. Even if local codes don’t require it, the power back up should be placed in some type of enclosure to protect it from the elements and possible vandalism. Consider if there are Outdoor Noise Regulation imposed by the local Council or government body for installing the home generator outdoors. Some municipalities require the noise level of a generator is restricted to a specified decibel level at the property line closest to the unit. If a noise ordinance exists, the required level of sound will dictate the kind of power generator that will be used. Quite a few residential generators are supplied with sound deadening enclosure. 5. Options: Accessory options can vary widely, depending on the home generator make and model. Some systems will offer a remote panel that can be installed in a convenient spot inside your home that will have controls and displays to allow you to control and monitor your system without having to go outside. Larger whole-house systems will typically have an automatic transfer switch that will switch the generator on when a power disruption is detected and may be an option on some smaller units. 6. Maintenance: Like any piece of mechanical equipment, and home generators require regular and proper maintenance to ensure it will do the job you bought it to do when the time comes. Unfortunately, because it isn’t typically used on a regular base, maintenance often isn't thought about, until the generator won’t start during a power outage. Some companies will include routine maintenance in the cost of the unit or you may be able to purchase a separate maintenance contract. If you are a do-it-yourselfer you can perform maintenance on your generator yourself, just be sure it won’t void the warranty. 7. Warranty: The typical warranty for residential generators usually varies from one to five year, based on the manufacturer and model. Be sure to study the warranty coverage, including the duration, and what is and what is not covered. Many companies will offer an extended warranty for an added fee. Read Also: Advantages Of Using A Portable Solar Generator How To Choose The Right Generator For Site Work How To Maintain Your Garden Railings? Winter Is Going! A Monthly Home Maintenance Checklist To Get You Ready For Spring Featured Image: generatorpalace.com

Prepare Your Solar Panels for the Fall

Summer is done, and you can already see it by the drop in temperatures and the duration of the day. With shorter days also comes the reduced amount of sunlight during a 24 hour period, which worries some solar panel owners. Some people aren’t sure how effective their solar panels will be during the colder period of the year. However, as experts from Action Solar assure us, panels work just fine throughout the year; all you need to do is make sure that you optimize them for the season. Here’s how. Clean Your Panels: No matter how many panels you have, they are exposed to the elements all the time, and naturally, they get dirty. However, solar panels are quite durable and strong, meaning that you don’t need to clean them very often and even when you do, you don’t need to go into too much detail. In fact, if you clean them too often, you might damage them, so it’s better to give them a cursory sweep every month or so and be done with it. Removing debris like leaves and branches are more important than dusting them, as most solar panels only lose about 7% of their effectiveness when dirty, as researchers from the University of California in San Diego found out. Adjust the Tilt: During the summer, the sun falls more directly to the ground, meaning that your solar panels will absorb a lot of the sunlight even without careful positioning. However, as summer transitions into the fall and eventually winter, the sun will shift and the rays will fall in a more tilted angle. So, if you want to use as much of the sunlight as possible, you will need to adjust your panels accordingly. Naturally, you should not do this on your own, but rather invite professionals to do it for you. Not only are they skilled in handling solar panels, but they will be able to calculate the optimal tilt and positioning of your panels. The best solar companies in California recommend realigning your solar panels at least twice a year in order to maximize the productivity of your panel throughout the year and not just in summer. However, if you include the fall and spring adjustment as well, you will be able to actually bring out the maximum from your panels. Deal with the Decreased Output by Saving Energy: During the summer, days are longer and usually sunnier than any other part of the year. That’s great news for your solar panels because they will be able to produce more energy. That being said, you probably spend a lot of electricity just by running your AC all day. In the fall, on the other hand, you don’t need your AC and the days are still relatively long. So, you will be able to produce a lot more energy which you won’t immediately spend. This is the time when you will be able to bring your electricity bill down by a noticeable margin. However, as fall progresses, the days will be shorter, which means that you may need to cut some unnecessary electricity spending if you want your bill to remain low; that is until winter rolls around, and you need to fire up your furnace. The technology behind solar panels is improving every day, and the time when solar panels only used to be productive in the summer are long gone. Read Also: Everything You Need To Know About Portable Solar Power How To Start Living Off The Grid

5 Features to Look for in a Business Energy Provider

Switching business energy suppliers is an opportunity that every company should not miss out on. Compared with a residential household, companies use more energy daily. An average UK small business spends around £13,000 on electricity annually, and another £7,000 on gas. With so much on the line, it is crucial to find the best and most affordable energy tariffs. Apart from the cost, you also need to consider the reliability of the service considering that any interruption will cause significant damage to business operations. That’s why it is also essential that while you are comparing quotes from different suppliers using a comparison tool like Utility Bidder, you also need to take into account the following factors. Supplier history and reputation: Corporate responsibility and values adhered to by an energy provider are some things to look into if you want to partner with a reputable supplier. Some may think that the natural choice is going with large companies that have been around for many years. Although it is true that the top energy suppliers may provide some of the best services out there, there is no reason not to look elsewhere and choose a supplier that is relatively new on the scene. These small providers usually have more personalized services, and many people are missing out on these benefits because they think that bigger is always better. Service areas: In this regard, big energy suppliers are a better choice. Depending on where you are located, you will want an energy provider that supports your location and guarantee that there will be fewer or no service interruptions. Apart from reliability, you may also want to look into tax incentives or local prices which may vary from one supplier to another depending on where you are. Prices and plans offered: The energy market is affected by many factors which makes it highly volatile. Apart from choosing a fixed-rate plan over variable plans, you also need to ensure that the supplier you want has the best offers and rates. Take note of cancellation fees or other fees associated with transferring from one supplier to another before you decide. Hidden transaction fees can add up and increase the cost of a plan which makes switching less than beneficial if that is the case. A wide range of services: In finding the best energy provider, you also need to consider if the supplier offers a variety of services. Paying multiple suppliers could be a waste of money, and if you can get all services under one roof, you will have a better chance of getting the best rates. Customer service: Suppliers with reliable service also tend to have excellent customer support. As a business owner, you need to ensure that any issues you have with your energy supply are dealt with quickly. As much as possible, choose a provider with round the clock customer service. This way, you are confident that you can get help at any time of the day. Customer support is not merely about responsiveness, but the capability to provide the best possible solution considering the unique circumstances of your company. Read Also: 7 Tools Your Business Can Utilize To Simplify The Customer Onboarding New Technology In Business: 4 Inventions In 2019 That Are Changing The Game A List Of The Essential Factors You Need To Consider When Installing Solar Panels In Your Home What You Should Know About Solar Energy For Schools: Benefits, Expectations, And More

How Much Do You Save With Solar Panels? The Ultimate Guide

Sun Exposure

The Cost of Installation

Your Overall Electric Bill

Government Incentives

So, How Much Do You Save With Solar Panels?

Everything You Need To Know About Mobile Solar Generators

8 Tips For Choosing Solar Panels For Outdoor Activity

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Content Rally

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

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7 Specifications You Should Look for When Buying a Home Generator

Prepare Your Solar Panels for the Fall

5 Features to Look for in a Business Energy Provider

How Much Do You Save With Solar Panels? The Ultimate Guide

Sun Exposure

The Cost of Installation

Your Overall Electric Bill

Government Incentives

So, How Much Do You Save With Solar Panels?

Share this Article

Everything You Need To Know About Mobile Solar Generators

8 Tips For Choosing Solar Panels For Outdoor Activity

Tags

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

Leave a Reply

Popular

Follow Us

Recent

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