How Solar Power Can Lower Your Monthly Electricity Bill

March 11, 2019

Solar power is becoming an increasingly popular source of electricity as more and more home and business owners are starting to make conscious energy decisions. Solar energy can help property owners save money over the lifetime of their solar panel system by creating a natural source of energy that has the ability to power an entire home or business. If you are considering installing a solar panel system onto your property in order to reduce your energy usage and save money on your monthly bill, it is important to first seek out a trusted solar company that will guide you through the design and installation process.

Urban Solar is a Florida solar company located in Boca Raton, FL servicing the South Florida area for over 40 years. Our team of certified solar engineers, technicians and project managers specializes in designing and installing solar energy systems for both residential and commercial properties. We will walk you through the entire process from providing education about solar energy and information about applying for financing to creating a solar panel system that works flawlessly for your property size and roof.

Can You Really Save Money With Solar Power?

Saving money and reducing energy costs through solar power depends on a few key factors like:

  • Local Electricity Rates
  • Direct Hours of Sunlight
  • Current Energy Usage
  • Roof Size and Angle

If your average monthly electricity bill is high and you live in an area with high energy rates, then it may beneficial to install a solar energy system onto your home or business. The price of energy is not falling, but solar panel installation costs have decreased and solar energy technologies have greatly improved. Solar panels are also long-lasting and require minimal maintenance. Installing a solar energy system not only provides long-term subsidy benefits but it is also environmentally friendly.

Reduce Your Utility Bill With A Solar Energy System

One of the main benefits of installing a solar energy system is the potential for some serious savings on your monthly electric bill. A solar panel system can greatly reduce your current energy costs by allowing you to generate your own energy so you can use less electricity from your utility company.

Secure Energy At A Constant Rate

Electricity rates are extremely volatile and tend to fluctuate depending on the time of day and peak energy usage hours. The price of energy is also steadily increasing every year. When you are generating your own solar power, you’re essentially locking in energy costs at a constant rate so you no longer have to deal with utility rate inflation and variable costs.

Receive Electricity Credits From Your Utility Company  

Homeowners can take advantage of programs like net metering if they have a grid-tied solar system. On the days when your solar panels produce more energy than your home actually needs, you can make money from your power grid. Many utility companies have net metering, where the excess, unused energy produced by the solar panels from your home’s solar power system goes back to the power grid. You can draw this excess energy from the grid at a later time, like during peak energy usage times in the morning or night, or when the sun isn’t shining and powering the solar panels, without paying any extra money.

Net metering ensures that your excess energy is used and covers the times when your solar panels don’t produce enough solar power. This type of program works as long as you draw the same amount or less of the energy that you had provided to the power grid from your solar panels. On your electricity bill, you will see any net metering credits that you’ve acquired for that month and you won’t be charged for the power that you didn’t use. Unused, utility credits are rolled over and can be put towards the next month’s bill.

Eliminate Your Electricity Bill With Solar Batteries

Solar batteries allow homeowners to completely get rid of their electricity bill if they opt for an off-grid solar energy system. These types of systems may be ideal for property owners who live in rural areas where it may be extremely expensive to connect to a power company that is far away. Solar plus storage systems are also ideal for properties that use a small amount of energy and get a decent amount of daily sunlight.

The #1 Trusted Florida Solar Company

Urban Solar is a leading Florida solar company helping South Florida residents obtain a viable alternative energy solution that will provide major savings throughout the lifespan of their solar panel system. We have a passion for connecting homes and businesses with clean, renewable energy sources and our ultimate goal is to provide affordable and simple solar solutions. If you are a property owner in the South Florida area and you want to receive significant savings over a 25 year period, then give Urban Solar a call at 1-800-387-6527.