How Much Money Can You Save with Solar Panels in Southern California?
You already know that going solar can dramatically reduce your monthly electricity bill – fromDay 1. But how much money can you save with solar panels in a region like Southern California?
It’s a very common question. However, there is no theoretical upper limit to how much you can save month after month.
Important factors that influence solar savings:
1. Your Current Electricity Usage
The more grid electricity you use, the more potential savings you’ll enjoy.
2. Local Utility Rates
Grid electricity is expensive – and becoming more so year after year. In San Diego, for example, many customers saw their bills increase 40% in just one 12-month stretch.
Just remember that however much money you saved today, it’ll be more tomorrow, and even more the following day. As utility power becomes less affordable, solar offers increasingly large savings.
3. The Size of Your Solar PV Installation
The more solar capacity you add to your home or business, the higher your savings.
4. The Quality of Your Solar Installation
When it comes to solar energy, quality matters. Only use reputable components installed by experienced photovoltaic (PV) professionals. This ensures your roof generates the highest energy output possible.
But How Much Money Will YOU Save with Solar Panels?
Although there is no theoretical limit to your savings, most solar customers shoot for a $0 electricity bill. And in a sunny market like ours, this is easy to do thanks to Southern California’s net metering program.
With this solar incentive, you don’t actually need an installation that covers 100% of your electricity requirements. That’s because net metering allows you to sell excess clean energy to the local utility company at a profit. A 5kW solar PV system might be enough to reduce your monthly electricity bill to $0.
It’s possible to further increase your savings by making your property more energy efficient (see here for tips). Alternatively, you can invest in an electric vehicle (EV) and recharge it with your solar panels. In fact, 40% of EV owners in California do precisely that – and save a bundle on gas.
But how much money can you save with solar panels?
If you schedule a free consultationwith our expert solar team, we can tell you exactly how much money you’ll save month after month. It costs you nothing to request an inspection of your residential or commercial property.
Just click here to get your free SavOn Solar quote today.