In those events you have to rely on a generator or buy a battery backup for your solar system.
Do you really save money with solar panels.
But that s not the case.
If you re looking to save a ton of money it really depends on a few key factors.
The advantages of installing solar panels include a contribution toward saving the planet saving money on electricity costs and even an increase in the equity of your home.
You might think that owning a solar system would ensure 24 7 access to electric power even when the grid goes down from hurricanes or other disasters or accidents.
On average installation and the system together can run between 15 000 and 25 000.
But the true cost of solar panels and whether they ll help you save money depends on a few key factors.
The simple answer to the question do solar panels really save you money is yes.
Direct hours of daily sunlight and the size and angle of your roof are both important but local electricity rates play the biggest role in determining how much solar can save you.
How they help you save money.
That being said how much you ll save depends on a number of factors.
Solar panels will usually help you save money on energy costs as long as you live in the same house for long enough to recoup the installation costs through savings on your power bill.