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What Will My Electric Bill Be When I Go Solar?

By July 22, 2019 August 14th, 2019 Solar Panel Tips

What Will My Electric Bill Be When I Go Solar?

Although practically every Central Florida homeowner strives to cut unnecessary costs from his or her electric bill, not every homeowner understands the immediate and untapped benefits of switching to solar. Because of the abundance of sunlight in Florida, the sunshine state ranks third out of all 50 states for solar power potential, but falls far below when it comes to actual solar installation. If you’re a homeowner who’s still on the fence about going solar, let’s look at a few different factors that can help you make the most efficient energy decision possible.

How Much Are You Paying Right Now?

Before we can determine how much money you’ll save when switching to solar, let’s first look at how much you currently spend on utility bills. In Florida, residents pay an average of $150 a month on electric services. This results in a total annual cost of about $1800 for electricity and power per household. And, these rates unpredictably rise with seasonal usage and annual inflation, making energy a substantial commitment for your wallet.

How Much Does Solar Cost You Monthly?

Solar panels fuel your home by absorbing sunlight energy, but the impact of your home solar system depends on the size, efficiency, and provider of the panels you choose to install. Fortunately, a seasoned solar panel supplier can compare the dimensions of your roof, size of your home, and your overall energy usage to create a system that covers 100% of your electric needs. This means the only fees you will have to pay are the minimum expenses your utility company sets for power usage, which cuts your electric bill by nearly $140 a month, or $1680 a year. If you want a more exact estimate on your monthly savings, you can check out our solar energy calculator.

How Much Can You Save in the Future?

The current solar energy data looks very appealing, but you need to know whether or not this investment is worth the long-term commitment. Luckily, the future looks bright for solar powered homes because cost of electricity for non-solar homes has been slowly increasing by roughly 3% each year. Homeowners who generate their energy with solar panels are able to maintain the same annual rate. This means that your margins will keep growing as the monthly and annual electrical costs around you continue to rise.

Get Solar Power in Central Florida

Sometimes, the best way to save on your monthly electric bill is to invest in more efficient appliances. Solar power saves money in the short and long term, which makes finding the right solar provider a priority. Fortunately, the energy experts at PES Solar are ready to meet any of your solar power needs in Central Florida. We can examine your property and analyze your energy usage to determine a system that suits your space. To receive a free quote and learn more about our services, contact the solar experts at Professional Electrical Services today.