A pretty well-known solar energy fact is that installing panels can be a great investment for your place. By installing a 3kW solar system, you can save approximately 360 units of electricity per month? That’s a reduction of around ₹2,500 – ₹3,000 in your monthly electricity bills!! With electricity prices more expensive than ever, homeowners who install solar today can see the best solar savings in decades!
How much you actually save depends on many factors, including your power usage, local electricity rates, the size of your system, and how your utility bills solar customers.
Key takeaways
- Solar savings are very real, but exactly how much you save depends on the availability of local, city, and state incentives.
- A great way to find a reliable solar panel cost estimate near you is by using our solar calculator, which is built using real cost estimates from solar installers.
- Keep in mind that there is some uncertainty with solar estimates related to utility cost inflation, so actual long-term savings could be slightly lower or slightly higher than what estimates suggest.
- However, historic trends in utility prices and solar panel performance make us confident in the estimates SolarReviews provides.