Solar panels are an increasingly popular way to reduce energy bills and save on carbon emissions but you ll need to fork out several thousand pounds to have them installed.
Energy bills with solar panels.
These savings depend on factors like the size of your solar panel system your energy consumption and your local utility rates.
The below table converts solar energy production into greenhouse gas offsets using the metric converters 7 44 10 4 metric tons co 2 kilowatt hour of energy produced and the national average for solar panel production ratio 1 42 kilowatt hours watt of power.
With a net metering agreement you get credit for that excess electricity usually as a kwh credit that will show up on your next month s bill or as a total sum at the end of the year.
Here s how the.
When your solar panels produce more solar power than you use your solar energy system sends the excess solar energy to the grid.
After installing solar feel good supporting a sustainable clean environment by comparing your previous year s electric bill with your new solar panel bill for the same month.
The higher your bill the more likely you ll benefit from switching.