How to reduce your electricity bill using solar power panels
                     How to reduce your electricity bill 
using solar power panels?
The rising rate of environmental issues is alarming and 
calls for sustainable and renewable energy resources. 
Solar panels are one of the best alternatives as they are 
not only good for the planet but can help you save a 
considerable amount of money on your monthly 
electricity bill.
An average monthly electric bill of $150 can cost you 
$1800 annually. This amount will increase depending 
upon the hikes in electricity rates. Going solar can 
bring you out of the vicious circle of high electricity 
expense.
Fixing a solar panel will make your electricity bill more predictable. It is quite beneficial for a person with a 
fixed income. Businesses can also improve their expense forecasting and management abilities.
Let’s look at some of the reasons how solar panels can help you lower your electric bill.
How solar power panel helps you reduce your electric bill?
• Get secured energy at a constant rate:
Installing solar power panels can help you receive energy at a constant rate. When you are using a rooftop PV 
system to lock in energy costs, you no longer have to worry about the varying utility rates.
PV or photovoltaic essentially refers to energy from the sun and is derived from words ‘photo’ and ‘voltaic’ with 
Greek meaning as ‘light’ and ‘voltage’ respectively.
The only cost associated with a solar panel will be its installation cost which is a one-time investment. How 
much electricity bill you are able to offset will largely depend upon how you size the PV system. You can easily 
calculate the number of solar panels required to know the size.
• Net metering benefits:
 Many countries now have introduced the net metering 
system. Under this, the energy produced by your solar 
panels which is not immediately consumed is sent to the 
electric grid. In exchange for this unused energy, you get 
net credits on your electric bill. 
 This unused energy can also be used when the 
solar panels are not working due to the absence of sun at 
night or during a thunderstorm. As long as you are not 
over-drawing energy, your bill will be offset by net 
metering credits. 
 Cost of any excess energy consumed will be added to 
your electric bill.
• Does not require any maintenance:
Your regular electricity meter requires maintenance every now and then. But, a solar panel once installed, 
rarely requires any maintenance. This means you can also save expenses on repairs and maintenance of 
electricity meters. The amount you pay for installation is a one-time fee. Solar power panel companies have 
warranties and other service contracts with the homeowners. They guarantee no extra cost maintenance of 
these solar panels.
• Space and resource optimization:
Solar panels can be installed on your rooftops. This means you don’t have to invest in any extra space to fix 
them. They do not require any large piece of land like solar parks.
Most of the solar panels use state-owned power grid as batteries which do not require expensive battery 
backups.
• Optimized energy utilization:
The power that travels from an electric grid to your home sometimes incurs huge 
distribution or transmission losses. This results in wastage of energy which is 
generated by burning fossil fuels. 
When it comes to solar power panels, these losses are nil. This is because the 
energy is generated and consumed at the same place.
So, does it actually help in reducing electricity bills?
Overall, yes. You might not offset it by 100% as still, you will be needing grid 
energy when the sun is not shining. But, due to net metering credits system, you 
can save energy from your solar panels and utilize it when the sun’s energy is not 
available. This will help you save considerably on an electric bill. 
Remember, you will still receive the bill, but it will include only net credit and 
total utilization of energy if you use solar panels optimally.
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19909 SW 7th Place, Pembroke Pines
Florida 33029
(954) 200-8975
Email Address:
[email protected] 
Website Address:
https://www.propertysolutionsfl.com/solar-systems/