Utility Electricity Vs. Solar Energy
Below is a representation of the cost, and potential savings, of buying your electricity from the utility company, versus purchasing a solar energy system. These numbers will vary based on your location and the utility company that you use. These numbers are merely representative of the average situation.
If your Average Monthly Electric Bill is… | Utility Company 30 Year Cost | Solar Energy 30 Year Cost (With tax incentives) | Your Savings |
$61 | $29,116 | $20,219 | $8,897 |
$123 | $58,231 | $29,836 | $28,395 |
$598 | $246,363 | $81,558 | $164,805 |
$1,198 | $492,726 | $145,526 | $347,200 |
$2,390 | $985,452 | $265,148 | $720,304 |