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Considering solar panels? Here's how much you could save on utility costs over your panels' lifespan

As energy bills soar, solar panels foster energy independence and can allow homeowners to disconnect from the larger electric grid.

Installing solar panels can be a costly investment upfront — but research shows they can save homeowners thousands in the long run.

Photo Credit: iStock

Homeowners who install solar panels can save between $37,000 and $154,000 in electric bills over 25 years, according to research from EnergySage.

With installation costs averaging around $30,000 before incentives, a typical solar system pays for itself several times over throughout its lifespan. After 10 years, on average, the electricity that your solar panels generate is free.

Going solar is one of the best ways to save money on energy bills while reducing your home's reliance on dirty fuels that contribute to the warming of the planet. As energy bills soar, solar panels foster energy independence and, when paired with battery storage, can even allow homeowners to disconnect from the larger electric grid

EnergySage's free tools are a great place to start exploring your battery storage options.


Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers in your area.

To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best options for your needs, and their expert advisers can help you compare quotes and pick a winner.

The Cool Down may receive a commission on signups made through links on this page, but we only promote partners we vet and believe in. For more cool tips like this one, check out our solutions marketplace here.

While the cost of a new solar system might sound high, EnergySage offers a variety of tools to help homeowners lower their upfront spending.

The solar panels themselves are just a fraction of the cost of a new setup; factors like installation labor and supply chain costs contribute to the lump sum. In addition to breaking down the average solar installation bill, EnergySage helps homeowners find the lowest possible prices from local installers. It also offers free solar installation estimates and quote comparison tools.

Homeowners can also access a variety of incentives to minimize their down payment. EnergySage's mapping tool not only shows average state-by-state solar installation costs but also details the solar panel incentives for each state, helping you find the best possible price for your setup.

With EnergySage's help, the average person can save up to $10,000 on solar purchases and installations. That means your solar setup can pay for itself even sooner, letting you soak up the sun and say goodbye to sky-high energy costs.

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Save $10,000 on solar panels without even sharing your phone number

Want to go solar but not sure who to trust? EnergySage has your back with free and transparent quotes from fully vetted providers that can help you save as much as $10k on installation.

To get started, just answer a few questions about your home — no phone number required. Within a day or two, EnergySage will email you the best local options for your needs, and their expert advisers can help you compare quotes and pick a winner.

What's the most you'd pay per month to put solar panels on your roof if there was no down payment?

$200 or more 💰

$100 💸

$30 💵

I'd only do it if someone else paid for it 😎

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