Category Archives: Cost Benefit

Articles concerning the pricing of solar and the economic benefits of going solar.

how many watts AC

How many watts does an air conditioner use?

Reading Time: 7 minutes

Your air conditioner is likely the most energy-hungry electrical appliance in your home, and in warm months, it’s almost always on! If you’re looking to cut down on your electrical bill or estimate how many solar panels you need to keep your home up and running, understanding how many watts of electricity your air conditioning (AC) setup uses is one important piece of the puzzle.

Continue reading
is solar worth it

Are solar panels worth it?

Reading Time: 9 minutes

Like any major investment, installing a solar energy system is a big decision! But, as the cost of solar continues to decline and new energy bills make purchasing more attractive, this decision to go with solar over other fossil-fuel based  methods of energy production is becoming easier and easier. For most people, going solar now represents a smart long-term investment with substantial savings. However, before installing a solar panel system, you’ll want to make sure that you can take advantage of these benefits by first considering a few major factors. In this article, we’ll help you answer the question: “Should I get solar panels?”

Here are a few factors to consider to know how much money going solar will save you, and when:

  • Do you own your home, or are you renting?
  • Will you sell your property in the next 10 years?
  • Is your roof suitable for solar panels?
  • How much do you spend every month on electricity?
Continue reading
how many watts refrigerator

How many watts does a refrigerator use?

Reading Time: 6 minutes

Your refrigerator is one of the larger electrical appliances in your home, and it’s always on! If you’re looking to cut down on your electrical bill or estimate how many solar panels you need to keep your home up and running, understanding how many watts of electricity a refrigerator uses is one important piece of the puzzle.

Continue reading
electricity rates and solar cost trends

Is residential electricity price going up or down?

Reading Time: 8 minutes

If you’re considering whether going solar is a worthwhile financial move for your home, there are essentially two factors that you should look at: 1) the costs associated with solar power, and 2) the rates you pay for electricity from your utility. Going solar makes economic sense when solar electricity costs less than grid electricity.

Continue reading
how much do solar panels cost

How much do solar panels cost?

Reading Time: 11 minutes

With the cost of solar panels dropping every year, there’s never been a better time to go solar. A solar panel installation ranges in cost depending on a number of factors, including the size of system you want to install, your geographic location, and the type of equipment you want. That all brings us to the key question: how much do solar panels cost? In this article, we’ll break down the cost of solar by system size, state, and panel brand, all of which can significantly impact your final cost of solar panels. We’ll also dive into a few other factors that impact the cost you’ll pay for a solar installation.

Continue reading
google project sunroof

Google Project Sunroof: making solar easier

Reading Time: 6 minutes

The cost to install solar has dropped by more than 70 percent in the last decade, with prices in Q3 of 2020 hitting the lowest levels ever recorded. Yet many still believe that solar is only a luxury item for green-minded consumers, rather than a long term cost-saving investment. Why is this? A big reason is the lack of easily accessible information about how solar can save you money. Like EnergySage, Google’s Project Sunroof looks to fix this using smart technology.

Continue reading
high gas bill

Why is my gas bill so high?

Reading Time: 5 minutes

When winter kicks in, it’s time to once again start heating homes throughout the country. For many homeowners, this means increasing gas consumption and the highest gas bills of the year. If you’re looking for ways to save on your gas bill, a great option is to electrify your home heating systems. Pairing electric heating systems with a solar photovoltaic (PV) system will help to insulate yourself from rising future costs of both gas and electricity.

Continue reading
graph showing more expensive electricity during specific times

What is critical peak pricing?

Reading Time: 6 minutes

As we continue to move towards a more modern grid–and a more educated electricity user!–utilities across the country are beginning to introduce electricity rates that better align the price we pay for electricity with the cost of producing it by varying the price of electricity based on the time it’s consumed. Critical peak pricing (CPP) is one such time varying rate plan that charges more for electricity during certain periods of peak demand, but also allows you to lower electricity spending–and even receive bill credits–by reducing usage during these times. 

Continue reading
Solar investment

Comparing solar to other investments

Reading Time: 6 minutes

If you’re considering solar, you’re probably thinking of it as a good way to save on your electricity bill and possibly as a way to escape grid dependence. And it’s true: solar can definitely help you achieve those goals. But what if we were to look at solar from another perspective, like a decision to invest money in the stock market or a money market account for retirement? Just like a traditional investment, putting solar in your home is a way to generate returns or ROI.

Continue reading
Peak demand

What is peak demand and how can you reduce it?

Reading Time: 5 minutes

The electricity grid is designed to provide reliable electricity service to all homes and businesses at all times of year. To ensure that whenever you flip a switch in your home that the electricity turns on, the grid has to both produce enough electrons to match the electricity that everyone is using throughout the course of the year as well as enough to power everything that’s turned on at the same time. That second ability–making sure there’s enough power to go around at the times when it’s most needed–is peak demand.

Continue reading