Have electricity bills been surprisingly high in your household? Do you feel a sense of dread when the energy bill hits your mailbox or inbox each month? Are you tired of telling your kids to shut off lights and limit time on their devices?
Everyone wants to avoid high energy costs. But it’s difficult to keep them under control when you don’t know what the next bill may hold. On top of that, utility companies keep raising prices!
Our partner, Isaksen Solar, has a solution: If you’re looking to take back control of your energy costs, buying solar panels may be your answer.
How do solar panels work?
Homeowners install solar panels at their home in a location that receives optimal sunlight. The panels convert sunlight into electricity to power your home. Instead of paying your utility company every month, you become your own energy provider. By creating your own energy, you can reduce or eliminate your electricity bill and maintain a fixed monthly expense for electricity.
How does buying solar panels help you save?
Your purchase of solar panels eliminates the need to worry about your monthly electricity usage. A solar company will assess your energy needs and design a system that meets them.
Expensive electricity bills come from months of high usage and increases in the rate of electricity. Once you install solar panels, your monthly usage is covered by their energy production — and you are no longer buying large amounts of energy from your utility company.
In some cases, you can even create a design to maximize your solar production based on the available space. So if you plan on installing a pool or buying an electric vehicle, you will already have extra energy production.
Your solar panels also protect you from increases in your energy bill because of rising prices of natural gas. With solar, your home doesn’t rely on natural gas for electricity and uses clean energy from the sun.
Should I get solar panels?
Unfortunately, solar panels are not a great fit for every homeowner. Before installing, solar companies determine if the home can support solar panels and produce enough energy. This will require an assessment and review of a recent electric bill to determine your energy needs.
Your solar provider can show you how much energy you need and how solar panels can improve your finances after they complete the assessment.
The ultimate goal is to eliminate your electricity bill and replace it with a lower monthly payment. This payment will be consistent for the duration of your loan or lease.
If you have a large monthly bill and your home gets plenty of sunlight, it is likely that solar panels make sense for your home!
How much can I save with solar panels?
Every home is different, so the exact savings will vary. A regular Massachusetts household using 600 kwh of electricity can save $1,500 to $2,000 on their annual electricity bills.
The savings increases when you account for annual electricity price increases. Once you pay off your system, you will accumulate even more savings and have effectively free electricity. This is where the long-term savings kick in, as the solar panels are under warranty for 20 to 25 years.
In addition to the savings is the peace of mind. Say goodbye to monthly surprises from fluctuating bills.
When you buy solar panels, you have choices to make, such as deciding whether it is better to lease or buy. There may also be available solar incentives in your state and town that add to your savings!