Calculating Solar Panel Savings
Calculating how much solar panels will save is the most asked question to solar companies.
Unfortunately it is not super simple to calculate exactly how much money installing a solar system will save on your power bill.
There are important variables that need to be considered such as:
- panel orientation
- panel tilt angle
- your energy buy price from the grid
- your energy sell price to the grid
- when you use your solar energy
We have prepared a table that makes some assumptions for the aforementioned variables and come up with an easy guide on solar payback and solar savings.
|State||Year 1 Average Savings||Payback Period|
Here are the assumptions we have made to come up with the above table.
|State||City||Shading||Orientation Angle||Tilt Angle||Energy Buy Price||Energy Sell Price||%Solar Exported||Purchase Price||System Size|
Email us here if you have any comments or questions.