3 Life-Changing Tips That Can Save Electricity For Properties

Electricity and utility bills are some of the most significant expenses that all households handle regularly. A house consumes 30 kWh every day, making it a considerable cost that goes around $700-$1,000 per month.

If you want to save on electricity bills, here are three life-changing tips that can help you.

Improved Property Insulation

Heaters and air conditioning units consume much more electricity if their compressors keep on working. Many Golden, CO homeowners use inverter technologies that allow their compressors to vary their movements depending on the property’s temperature. With a fully insulated and effectively insulated property, you can minimize the compressor’s movements, effectively lowering your bills.

Seal Windows and Doors

Highly-rated Energy Star-rated windows and doors are your best choice in sealing your windows and doors. They effectively introduce insulation, improving your property’s overall ventilation and insulation. You can turn down your heater and AC thermostats effectively.

Use Solar Panels and Offset Your Expenses

Solar panels are one of the wisest ways to offset your residential utility expenses. Well-installed and high-quality solar panels can provide you with enough energy to run an entire house. You’ll need to work with a high-quality solar panel installation company that a top-notch manufacturer endorses.

EnergySage has a great post about the potential savings you can have by investing in and installing a solar panel system on your property. Read more about it below.

How much do solar panels save? Do solar panels really save you money?

The simple answer to the question “do solar panels really save you money?” is yes. That being said, how much you’ll save depends on a number of factors. Direct hours of daily sunlight and the size and angle of your roof are both important, but local electricity rates play the biggest role in determining how much solar can save you.

With so many trendy investment opportunities available in today’s day and age, it’s easy to be skeptical of new products that boast promises of “saving you tons of money.” Solar panels are no different – saving money by reducing your electric bill is one of the main appeals and selling points for solar as a product and home upgrade.

How much money do solar panels save you on electric bills?

The first step to understanding how much solar can save you is to calculate how much you are currently spending on electricity every year. For example, the average annual electricity use required for a U.S. household is 10,649 kilowatt-hours (kWh). Multiply that by the national average electricity rate as of October 2020 ($0.1360 per kWh) and you’ll find that the typical American family is spending just under $1,450 a year on electricity alone.

Then, you have to consider the volatile nature of electricity prices and determine what utility rates will be in years to come. When you compare the cost of utility electricity with home solar, you should keep in mind that you can expect electricity rates to increase annually. Over the past decade, national electricity costs have increased at a rate of around 2.2% per year. Utility rate inflation is an added incentive for solar: when you generate your own energy with a rooftop PV system, you’re locking in energy costs at a constant rate so that you no longer have to consider variable utility rates.

Because of the nature of solar as an up-front investment, the only costs associated with a solar system will be the cost of your installation and any added electricity costs in the event that your panels do not completely offset 100% of your electricity use. Whether or not your system will completely offset your electricity needs is primarily determined by how accurately you size your PV system – you can calculate how many solar panels you’ll need to secure that percentage. (Continued)

If you have yet to find a dependable solar panel installation team, you can always count on us at Roper Roofing and Solar for all your needs. Contact us today to learn more about everything we can do for you.