SOLAR SAVINGS

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Solar Energy Savings

Solar panel systems help you save money and protect against rising utility costs. On average, solar shoppers achieve payback on their system in just seven and a half years, and they continue to save for the rest of their system's 25+ year lifespan. However, your 20-year solar savings depend on where you live. There are a few major factors that influence what you can save.

There Are Many Ways To Save With Solar

Electricity Rates

If you live somewhere with high electricity rates compared to other regions, your solar energy savings will be higher thanks to avoided electricity costs.

Local Financial Incentives

If your state or local government offers cash rebates, tax credits or incentives, you will save even more.

Solar Financing

There are three major solar financing options: cash purchases, solar loans, and solar leases. Each option offers a different value proposition and long-term return.