You already know going solar saves you money, but you may still wonder exactly how much. Precisely how much solar panels can offset your electricity usage depends on a few variables, including how much electricity you use, the size of your solar system, the direction it faces and how much sun you get on your particular property.
This breakdown shows how the electricity offset by solar affects The Jones Family Savings at 123 Main Street, Anywhere, USA, dollar-by-dollar. These savings were calculated based on an average monthly electrical usage of 1,500 kilowatt hours (kwh) and a $0.12 cost per kwh. The Jones Family’s solar panels will offset 99 percent of those 1,500 kwh.
You’ll find it helpful to know how much electricity your home uses each month when you read this article. So go ahead and grab your electric bill if you need to, or look at it later to see how your house compares to the sample house here.
The Jones Family’s first hunk (like, thousands of dollars, people!) of savings came from the 30 percent solar tax credit. If you purchase and install your solar panels before December 31, 2016, you can claim your residential solar system on your 2016 taxes, which means a potential $10,000+ right back into your wallet in just a few short months.
The savings don’t just stop at the solar purchase. Your investment pays for itself, and then some. Check out the Jones family’s short and long term benefits from going solar.
It looks pretty nice with it all spelled out, doesn’t it? We are big fans of the massive savings you gain from going solar, but the incredible environmental benefits are hard to ignore. Solar gives you clean energy, reduces your carbon footprint and does wonders for the world around us (talk about pretty nice!). Check out what the Jones family’s environmental impact.
Now you see all the value added both financially and environmentally from a solar investment, but you may still be wondering exactly how much it will cost you each month to go solar if you opt to finance your investment. Our team will work with you to combine our flexible financing options and any other incentives (don’t forget about that 30 percent federal tax credit!) to find you the best way to invest in your energy independence.
It’s time to give us a call! Then you can reap the sweet benefits of a little-to-nothing electric bill, increased home value and clean energy for your home.
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