Solar Power Savings Calculator: Directly Putting Sunshine in Your Wallet
Solar power savings calculator — The main tool to estimate your potential earnings from a solar energy system. Using your energy usage information, past solar radiation data in your area, and system size it can give you an estimate of potential savings and payback period on installing the system.
Input Your Energy Use — Next, you have to input your electricity usage on a monthly or yearly basis, figures that are readily available in your utility bills.
Local Solar Irradiance — a figure that tells you how much sunlight you are receiving at your location (search for it online or call your local utility they generally has this data).
System Size: Input a solar energy system size determined in kW
Include any local incentives: Factors like your local, state or federal rebate or tax credit tied to your solar energy system.
What Makes you Save from Solar Power
There are several factors that could dictate the amount of money saved from a solar energy system installation and use; these include:
Solar irradiance at the Site: Generally, solar sites located in places with abundant solar irradiances will yield greater energy production.
System Size – More solar panels means more electricity but also higher initial cost
Energy Use Patterns: The way you consume electricity at home determines how much offset solar power you will avail.
Local incentives — Local government incentives can reduce the upfront cost of a solar energy system here in Assumption.
•Solar System Efficiency – The efficiency of solar panel & inverter that your solar panels can generate.
Financing Option: method by which you
How to Use a Solar Power Savings Calculator
There are many online tools and solar power companies offer free solar power savings calculators. For a better estimation of the output, contact a person from the solar energy professional. This allows them to evaluate your individual needs and give you advice according.
Solar savings calculator can assist you in investing your money wisely and enjoy a shimmering future with zero investment for energy.