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4 FAQs about Will solar panels save me money

Are solar panels worth it?

Solar panels are a great long-term option for lowering your electricity bills, but their installation isn't cheap. Energy costs continue to go up, making it more expensive to power your home than ever before. If you're concerned about what your future bill might look like, installing solar panels might seem like the perfect solution.

Do solar panels save money?

That's why it's important to think about your home's energy efficiency before you consider solar panels -- you can save money on energy and get a smaller solar panel system. Research done by Solar Reviews found that a 6 kW system tends to save $1,500 on electricity bills annually.

How much money can you save with solar?

The average U.S. homeowner saves about $57,000 over 25 years by going solar. Why trust EnergySage? How much can you save on electric bills with solar by state? Are solar panels worth it? What if you could lock in your electricity costs today and never worry about rate hikes again? That's essentially what solar panels do.

Can a solar loan save you money?

Solar loans can provide immediate energy cost savings by replacing your electricity bill payments with lower solar loan payments. However, in the long run, the interest reduces how much you can save with solar panels.

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