Everyone wants to stop paying so much for energy, right? The reason that most people build solar energy systems is to save money with solar panels.
Price increases for traditional forms of energy continue to reach staggering new heights, leaving customers spending more and more each year to heat, light, and power their homes.
If you can relate to this, you’re probably thinking there must be a better way. Indeed, there is a way. You can save money with solar panels, but you need to be smart when planning and financing your solar power system project, as this can be quite a big investment.
Do you save money using solar panels?
Solar power can offer significantly lower energy bills for life, and you can start saving as soon as you install a solar system. And having more money in your pocket is just one of the benefits of using the sun’s clean, renewable energy to power your home. You’ll start earning back the money you spent on solar panels right after you install them, but in general, you have to wait about 5 years to fully earn the cost of your solar power system by saving on energy costs.
You may be wondering if you can afford to add solar power to your home or if it will make a big impact. We can help. This blog post uncovers how much you could save by installing solar on your home and the factors that influence the potential amount of your savings. Find out if investing in a solar power system will pay off for you.
How do you save money with solar?
The potential to save money with solar panels, such as the JA solar panels in Dubai, is often the primary reason people add solar, and with good reason. It makes sense to choose a solution that can provide a reliable power supply to your home, at a reduced price.
Solar energy meets most of the energy needs of Dubai households, but generally not all. For this reason, most customers choose a hybrid model that combines conventional power from the grid and solar power.
This option gives you control, backed up by the main power grid when you need it. On top of that, if you choose a system with a battery storage option, your solar system will also store excess power that can be used during daylight hours.
A hybrid solar system allows you to maximize your energy bill savings since the energy generated by your solar panels is used first. So, you only use electricity from the grid when you need it.
How much money do you save a month with solar panels?
There are set up costs to installing a solar system, so energy-intensive households will benefit initially, as their savings will soon pay off the cost of the investment.
However, solar power can be generated and used effectively by any type of home, so you can start saving money right away.
It’s hard to say how much money you save a month with solar panels. Individual results will vary, but our customers regularly save 50% or more on their energy bills. And some savvy users have even saved up to 90% during the summer months by making their homes as energy efficient as possible.
Factors that influence your savings
As you try to save money with solar panels, several factors can affect how much you save. Learning more about these factors will help you understand their influence on your solar energy production and determine how quickly your investment will pay for itself.
The panels, size, and efficiency of your solar panels play a large role in the amount of energy they generate. Simply put, the more efficient a solar panel is, the more electricity it will generate from sunlight, which means more savings in the long run.
Savings vs cost. It’s also worth considering how much energy your home uses and the solar installation cost. These two factors will greatly impact how quickly you will recoup the solar panels cost. Naturally, you can’t save money with solar panels if your costs are too high.
Battery storage. If you opt for a system with battery storage, and you generate more solar energy than you use, you can sell it back to the grid. Therefore, it is worth taking this into account when making your calculations. Going solar will save you money, from the first day you install it and for years to come.
When it comes to how much you’ll save, the answer depends on a variety of factors, so it’s important to consider them as part of your decision.
As we already mentioned in this article, solar panels are a great option for saving money on utility bills. But, if you’re still not convinced and think that solar panels don’t save money, do not hesitate to call Pas Solar. Pas Solar is a certified solar shop in middle east where you can buy all your solar requirements.