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8th November 2020
Solar Panels Will Eliminate Escalating Utility Bills
  • BY : Ellen Ra
  • BY : Ellen Ra
  • 8th November 2020

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Solar Panels Will Eliminate Escalating Utility Bills

You try and conserve energy by turning off lights, unplugging appliances, or even raising or lowering your heat and A/C. These tactics are great, but they will not eliminate or even reduce your monthly electric bill by much. You can invest in solar panels and use the power of the sun to solve the problem of high electric bills. Solar energy is a free and renewable resource. Solar panels turn your house into a solar home.

Billing Statements

If you are looking to learn about how much you save in electric bills, understand how to read your electric statements. Note that different factors can affect your monthly billing statement. Every solar panel system is different, and your bill can be affected by system size, where the solar panels are on the roof and the weather for the month.

Monthly Statements

You will receive a monthly statement from your power company that will inform you of what you owe on your solar home. This amount includes monthly minimum delivery charges and consists of a listing of your current and year to date credits and charges. If you are confused, talk to solarhomeapointment.com and get a complete breakdown of what is going on with your solar panels, the cost of solar panels, and how to effectively turn your house into a solar home.

Billing Example

Net metering or NEM billing in California works by enrolling in a NEM program that monitors your solar energy produced and your home’s usage. A meter is programmed to measure net energy or the difference between the energy produced by your solar panels and the amount of electricity that PG&E supplies to you.

Every month your meter is read, net energy usage appears on your bill as a credit or a charge, and you only pay for delivery charges. At the end of twelve billing months, your total is settled, and you can see exactly what having a solar home has cost you.

Cost of Solar Panels

The cost of solar panels varies with the size and wattage of the system. For example, an average-size home of about 2000 square feet with a 4Kw will cost you about $15,000. If you have a larger home and want more wattage and solar panels, the cost of solar panels at 8kW could be around $30,000.

The cost of solar panels for your solar home can also be broken out by average cost per watt. For a 4kW system, the average cost of solar panels per watt will be approximately $3.72 per watt. To be more specific, a home in California with a total of 33 panels would generate an electric bill savings of $80,215.00 over 25 years. Even more, benefits would increase your solar home value of around $16,000.

When you average the cost of solar panels, current electric bills, and future bills, it becomes quite apparent that the cost of solar panels to turn your house into a solar home would be a wise investment. The cost of solar panels in 2020 can be offset a bit by tax credits (that expire the end of the year), and you can recoup the cost of solar panels on your solar home in about seven years.

Usually, the cost of solar panels for your solar home includes a power system installation by professionals and licensed solar companies. The permits and inspections by the city and the utility company are also included in the cost of solar panels.

If you want an exact cost of solar panels, a consultation that is designed specifically for your solar home can be requested from a virtual solar consultation solarhomeappontments.com.

How Solar Panels Work

The theory is to switch to solar energy and turn your home into a solar home, and you will generate electricity whenever the sun’s UV rays connect with your solar panels.

Photons of light in the sun’s rays activate the electrons in the photovoltaic or PV cells of your solar panels. This activation generates the renewable energy you can use to light your home, run your appliances and A/C, and keep your home warm in winter.

The cost of solar panels includes the four parts to all rooftop solar energy systems. These include:

A mounting Rack that is fixed to your roof. If you are mounting your solar panels to the ground, support poles are used to keep your solar panels off the ground.

Solar panels are hooked to the mounting rack. These solar panels include groups of PV cells or photovoltaic cells that turn sunlight into electricity. Several solar panels are linked together and called a solar array.

Note: The solar electricity panels generate is not the AC electricity that is needed for your appliances and electronics but is DC electricity.

Inverters are used to convert DC electricity generated by the solar panels into AC electricity and your house into a solar home. There are systems with a single inverter, each solar panel is connected to a central wire, and the wire is fed into the inverter. There are also systems with micro-inverters on each solar panel. This means that all panels send AC currents to the electrical box.

Wiring enables solar-generated electricity to go through the wiring to your electrical box. Electricity flows to your home, and you have a solar home.

No Sunshine

Solar energy is perfect energy, but there is one small problem. If the sun’s not out, the solar panels will not work. Solar panels cannot generate electricity for your home at night or when it is overcast. It is wise to stay connected to the power grid to keep your solar home from losing any electricity.

If you want to be entirely off the electric grid and a total solar home, you will need to invest in batteries that are unwieldy and expensive. These batteries store your solar-generated electricity so you can use it when your panels cannot produce enough power.

The cost of solar panels will produce more energy during the day when they are soaking up the sun, and you will have more energy than you can use. That extra energy feeds back into the power grid, and the electric company spreads your extra power around to other consumers.

All your power will be recorded by your electric meter, but you will not need to pay the full price to use electricity from the grid. You will be in a net metering situation that will “sell” your energy reserves back to the electric company and give you credit – reducing your electric bill substantially.

 

Thank You so much for your time,

Ellen Ra
Love Solar Energy

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