When people talk about solar power, they usually talk about two things: saving the planet and saving money. Both of these outcomes are appealing and explain why 67% of homeowners want to go solar.
As a smart homeowner, however, you want to know more than vagueries. What kind of savings can you access when you go solar in your Kansas City home?
To calculate true solar panel savings, you’ll need to assess a few different factors that apply to your home, specifically. We’re here to let you in on what those factors are so that you can start crunching numbers.
Read on to learn more about solar panel savings in Kansas City.
The Basic Formula for Solar Panel Savings
How do solar companies in Kansas City calculate how much you’re going to save? They use the following formula:
kWh produced by solar panels x price per kWh charged by the current utility company
For example, if your solar panels generated 2,000 kWh of electricity each month and your current utility company charges $0.10 cents per kWh of electricity used, you could save up to $200 each month. Even if you use more than 2,000 kWh of electricity each month and still have to rely on partial energy from your utility company, you will still reap big savings.
Additional Factors to Take Into Consideration
How can you estimate how much electricity your solar panels would generate each month? To get the first number in the formula, you’re going to have to consider things like sunny days in Kansas City, direct sunlight on your rooftop, and how many solar panels your rooftop can hold. You will also need to know how much energy you use to determine how much of it (which is often 100%) can be covered by solar energy.
The good news is that Kansas City has more sunny days than the national average, making Kansas City properties great candidates for solar power. The question is, how much of that sun hits your property, how many panels will fit on your roof, and how many panels are you willing to invest in?
The best way to learn more about the amount of solar power you’ll be able to generate, and therefore how many savings you’ll generate, is to request a solar savings report from a solar contractor. By providing a few key pieces of information, your solar contractor can provide you with a clear and reliable estimate of your specific solar panel savings.
Install Solar and Start Saving in Kansas City
As a Kansas City resident, you could save big by installing solar panels on your property. To find out more about your specific solar panel savings, contact your local solar contractor and let them start crunching numbers for you.
Looking for more ways to save on day-to-day expenses so that you can start prioritizing travel? Take a look around as we offer tips and tricks that will help you to put your money toward the things that matter.
To read more on topics like this, check out the Money category