Solar energy is often indicated as a cheaper alternative to regular residential electrical use, but the savings they provide isn’t always immediately apparent. How can owning a solar panel help you lower your residential utility costs, and are these savings enough to justify the initial expense of setting up a solar array?
Solar energy offers homeowners big savings on their electric bills, though this may vary by area and the size of their solar array. Solar panels can only operate while there’s sunlight to strike them– panels set up in areas with a lot of cloudy weather, or that experience very short days for a significant portion of the year won’t provide as much electricity as panels set up in areas with consistently sunny weather. Panels that aren’t operational require homes to either draw power from backup batteries, or their local electrical grid. When panels are able to operate efficiently, however, and there are enough of them to provide for a home’s needs, then there’s virtually no need for any help from the grid; the home can depend entirely on free solar energy to power itself instead. If the panels end up producing more electricity than the home needs or is able to store in batteries, then this surplus power can even be sold back to the electric company. Not only does this mean that solar panel owners can save a lot of money on their residential utilities, it means that their panels pay for themselves over time.
Residential solar power is an important component of a renewable energy strategy. Not only can residential solar panels provide for their owners’ needs and reduce their dependence on fossil fuels or nuclear power, they can also provide for the needs of the community with the power they sell back to the grid. If you are considering a solar array and are put off by the initial setup cost, it’s worth looking into any potential rebates you might be entitled to and the potential energy savings a solar panel can give you. Not only will you lower your utility bills, you’ll be contributing to a cleaner, brighter, more sustainable future.