How Much Do Solar Panels Save? The Key Factors
How Much Do Solar Panels Save? The Key Factors
Making the switch to solar energy is a big decision, but it can be incredibly rewarding. Not only does solar power with Alternative Energy Systems help you save money on your monthly energy bills, but it also helps reduce your carbon footprint and contributes to a cleaner environment. If you're wondering how much money solar panels can save you, keep reading.
Monthly Cost, Lifetime Investment
Although solar panels bring a monthly cost, it's a utility cost you would still otherwise have. However, the difference is this is going towards a lifetime investment and adding to your home's ROI. Solar panels and solar companies offer a lifetime investment in energy sourcing and sustainability. Alternative Energy Systems offers money-saving financing options to help you get the most out of your solar panels and savings.
Energy That Pays For Itself
Investing in solar panels is investing in a lifetime of energy. Over the lifetime of a solar panel system, it will pay for itself and then some! It's common to see a solar panel system pay for itself 2-3 times over within its lifespan. After purchasing your solar panel system from trusted solar companies like AES, you can break down your payments monthly. By taking into consideration how much energy is being offset by your solar panel system and how much energy you use, you will find what your monthly savings will be and how soon it will pay for itself!
Find Your Payback Period
The average payback period falls between 12-15 years. This calculation takes into consideration the overall system price and divides it by the average projected solar savings for each year. When you take all of these factors into account, it's easy to see why so many people are making the switch to solar power! With Alternative Energy Systems, you can find your customized payback period that best suits your home and needs.
What Affects Your Payback Period?
At Alternative Energy Systems, we take into consideration: your electrical usage, layout, installation, overall system cost, system size, roofing material, and solar incentives. Living in the state of California, there are endless savings opportunities! When it comes to overall system cost, the larger the purchase price doesn't mean the longer the payback period. The same goes with system size, contrary to popular belief the larger the system, the quicker the payback period generally is. Work with our experts to learn how your roof material impacts installation and incentive eligibility.
Whether you’re interested in how much solar panels can save you or the green sustainability it offers, you’re sure to see the value of the investment. If you’re ready to make the switch to solar panels and save that green by going green,, contact Alternative Energy Systems and start today!