After concluding their second full year with solar panels, an Arizona homeowner decided to share their experience on social media.
Writing on the r/solar subreddit, the homeowner described the considerable savings they had achieved through their use of home solar.
"For the whole year, my electricity cost is 43% what it would be without solar," the original poster said. "$702.12 with solar versus $1,617 without. A savings of $915."
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The OP's experience provided a clear example of just why so many homeowners have been switching to solar to help save money on skyrocketing utility costs. With their annual savings, the OP anticipated being able to pay off the cost of their system in only about seven years.
To take further advantage of their home solar system, the OP added that they used power from their solar panels to charge their electric vehicle. Pushing the savings even further, the OP said they planned to install an energy-efficient electric heat pump for HVAC purposes.
Commenters jumped into the comments to share their thoughts.
"I wish my electricity was that cheap," said one Redditor.
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"Thanks for sharing the info," added another. "A heat pump clothes dryer put me net positive for one year."
Another commenter noted that the OP's utility company charged more for the electricity it provided than for the electricity the OP's panels contributed back to the grid. However, the OP was not very concerned.
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Save $1,000 this year 💸 "Having 1:1 net metering would be awesome, but to be honest I … think it's kind of weird," the OP replied. "Electricity can be insanely cheap to buy wholesale for a utility. At some level it makes little sense for them to buy it at retail price from us rather than wholesale."
If you're looking to upgrade to home solar, EnergySage saves customers an average of $10,000 on installation costs. EnergySage also offers a useful mapping tool that allows you to see the average cost of a solar installation in your state as well as all available incentives.
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To maximize the cost savings and usefulness of home solar, many homeowners pair their solar panels with a home battery, something the OP said they planned on doing.
"I need to get batteries," they wrote.
Home batteries can save homeowners even more money on utility costs while also allowing them to maintain power during outages. To learn more, including about home-battery installation options, check out this website from EnergySage.
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