How Much Electricity Does Solar Panels Save

Some states see even higher averages.

How much electricity does solar panels save.

Plus you can store excess energy in a solar battery if you don t want to sell it back to the. The power that you are using is renewable and less is often required in comparison to the energy produced by the grid. The main way in which solar panels help to save energy is because they remove a household s dependence on the national grid. 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.

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. This is assuming a system size of 6 kilowatts which is common in the us. That being said solar energy is an affordable viable option for a lot of people. On average solar panels will save you over 1 100 per year on your electricity bills.

This is a nationwide average. These savings are very real and their relative strength depends on the availability of local city and state incentives. 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.