Saving money on energy bills is at the forefront of most people’s minds at the moment, as we continue to face the challenges of the cost of living crisis.
More and more people are turning to renewable energy sources like solar panels and battery storage to reduce their carbon footprint and save money on their energy bills.
With the right combination of solar panels and batteries, homeowners can power their homes using renewable energy and potentially even go off the grid.
If you’re considering making the switch to solar panels and a battery storage system, you may be wondering: how much can I really save on my energy bills?
First, let’s look at solar panels. The amount of money you can save on your energy bills with solar panels does depend on a few factors, such as the size of your solar system, the amount of energy you typically use, and the cost of electricity in your area.
However, a typical solar panel system can save homeowners up to 50-70% on their energy bills.
One of the key reasons for these savings is that solar panels generate electricity directly from sunlight, which is a free and abundant resource. Once your solar panels are installed, you’ll be generating your own electricity and using less energy from the grid, which can lead to lower bills.
Another important factor to remember is that solar panels are a long-term investment that can pay off in big ways over time. Most solar panels come with warranties of 20-25 years, and many panels can last much longer than that with proper maintenance.
This means that once your system is paid off, you’ll be generating your own electricity for free and enjoying significant savings on your energy bills for decades to come.
Next, let’s talk about battery storage. Battery storage systems allow you to store excess solar energy generated during the day for use at night. This can help reduce your reliance on the grid and potentially even eliminate your energy bills altogether.
The price of installing battery storage has decreased significantly in recent years, making it much more accessible for homeowners. Although the initial investment can still be a little pricey, the potential long-term savings can be very significant. A study by the National Renewable Energy Laboratory found that adding a battery storage system combined with solar panels can increase energy savings by up to 90%.
With the cost of energy bills rising, and a further increase of 20% expected in April 2023, now is the ideal time to make the switch to solar power.
To get a better idea of exactly how much you could save by making the switch to solar panels and battery storage, click here to speak to our friendly team at Eclipse Energy.
We can then send someone out to you to assess your energy usage patterns, evaluate your property for suitability of a solar energy system and also provide you with an estimate on how much you can expect to save on your energy bills.
With the right support and right system, you can enjoy lower energy bills and a more sustainable future for the planet.