The amount you save on your electricity bills depends on the size of your solar system, your location, and how much energy your household or business consumes. On average, solar panels can reduce your electricity bills by 50% to 90%, depending on how much sunlight your area receives and your energy usage patterns. Over time, these savings can add up significantly, making solar a cost-effective energy solution.

The upfront cost of installing a solar panel system varies depending on the size of the system, the quality of the components, and the complexity of the installation. While the initial investment can be substantial, it’s important to consider the long-term savings on your energy bills. Additionally, many financial options, such as loans, leases, and government incentives, are available to help make the cost more manageable and affordable. Over time, the savings on electricity can offset the initial cost, making solar a smart investment.

Solar panels still generate electricity on cloudy days, though at a reduced efficiency. However, during power outages, standard solar systems without battery storage will not provide power. To have electricity during outages, you’ll need to add a battery storage system, which can store excess energy generated during the day for use when the grid is down.