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How Much Can You Save With a Simple Solar Panel Setup For Your Home?

Posted on July 13, 2021

How Much Can You Save With a Simple Solar Panel Setup For Your Home?

Solar panels in Littleton, CO, are a great way to save from high energy bills. Furthermore, it helps power companies lower their coal operation costs and receive local compensation from Colorado’s government. 

A complete solar panel set is a significant investment. However, the returns are spectacular in the grand scope of things. Learn more about how much you can save with a simple solar panel setup for your home below.

According to the US Energy Information Administration, an average household consumes about 886kWh. This consumption is equivalent to $115 a month. 

A simple 2sqm solar panel can generate up to 45 kWh for your home. By doing this, you can cover your roof with up to 20 solar panels that can produce a total of 900 kWh.

You’ll spend about $2,000-$5,000 for a decent set of solar panels and use knowledgeable labor to install your roof. By doing this, homeowners in Littleton, CO, can save up to $1,400 in total energy bills.

Solar NRG Philippines has a great breakdown of costs and the other factors in increasing your energy consumption at home. Read more about it below.

5 Factors that Affect Electrical Consumption

Before you dive deep into the nitty-gritty of your bill, you must first understand the different factors that can contribute to high or low energy spend in a household.

1. Weather

The way you use power will vary as different seasons come and go. Generally, during summer or hotter months, you will use more fans or air conditioners to keep yourself cool at home. This could even mean having them running round the clock, which could naturally impact your monthly bill.

Then, there’s the opposite side of the coin. Colder months may have you using your home’s heating systems instead—but this also means it will be left open the whole day to keep you comfortable. There are also in-between months wherein you may not use either your cooling or heating systems, meaning you get to cut back on energy consumption.

2. Number of people in the household

It’s safe to assume that a family of four will have a lower monthly energy usage than a family of seven. The more rooms you have and the more people using electricity to do different things at once, the higher your home’s power requirements.

3. Living habits

Do any of your family members work from home? How long does it usually take for you to use the shower? Is having a movie night every week a ritual in your household?

These questions pertain to the type of lifestyle you have, and they can also impact your energy consumption. The more you use power at home to do tasks, destress, and whatnot, the higher the figures that will appear in your bill, more so during these times when most of us are working from home. (Continued)

You can always count on us at Roper Roofing & Solar for the best solar panels and installations in Littleton, CO. Contact us today to learn more about our products and services.