How would you like to get an entire solar panel system installed on your home for no money down and see significant savings on your electric bill? We’ve all said the same thing at one point of another: “sounds too good to be true.” Now through solar leases, power purchase agreements (PPA) and easy financing options, solar is showing up on more homes every single day. For years now, people have been ‘going solar,’ saving money on their electric bills, supplying their homes with clean, affordable energy. But the question still on everyone’s mind is… seriously what does “going solar” really cost me?
Here’s how it works…
The Real Cost of Your Current Electricity
Before we know how much you can save, we have to know how much you’re paying. If you’re receiving electricity through a utility company, you’re paying for a lot more than just the electricity. That electricity has to potentially travel a long way before you can use it—sometimes over state lines. You may not know that transportation and delivery charges can be included in the high cost of your electric bill. This means you are paying for every inch your electricity travels to get to your home.
Let’s be honest
Most of us don’t have the time to sift through copious pages of an electricity bill and analyze how much we’re paying and for what. At OneRoof Energy, part of our process of calculating your savings is analyzing how much you save on your electricity when you don’t have to pay for all those extras. At the end of the day it’s the savings that matters—the money you could be using for fun activities that you enjoy. If you can save money on your electric bill, you can use that money for something else that’s important to you.
The Process of How ORE Calculates Savings
Which makes more sense: something that has traveled hundreds or thousands of miles and produced who-knows-where OR something you make right in your own home being used in your own home? You wouldn’t buy produce that way; so why buy your electricity when you can get it in your own backyard?
As you research the decision to go solar, ORE will request records of your utility bills dating back 12 months – most electric companies offer a simple, condensed version called a ‘12-month usage statement’ – so we can get a clear picture of what your energy usage is and how much you have been paying for electricity. This also helps us design the right system that will save the most money.
The data from your electric bill is plugged into a calculator. This forecasts what your electric bills will look like over the life of a system. The calculator compares this number with the amount you’d pay if you were receiving a portion of your energy from solar and ORE uses this to estimate the savings. You don’t have to worry about figuring out complicated rate schedules when deciding if solar is a good choice—it’s done for you.
So, How Much Can I Really Save With Solar Power?
The answer is that you can save substantially by going solar. When buying power from the utility company, you don’t know where that power was produced or came from, or if you’re being charged to transport that power to your home. With solar, you know exactly where that electricity is coming from and what it costs you.
Each home and situation is completely unique, which means savings depends on your current electric bills and the rate you’re paying. Curious what you could save? Let us take a look. If we don’t think we can save you any money with solar, we’ll tell you up front. The real cost comes down to what you don’t know – can you afford to not know what you could be saving? Let us show you what ORE can save you.
