Solar Panel Technician Question:
Do you know how much money will a solar water-heating system save on my utility bill?
Answer:
It is difficult to say how much you will save with a solar system. That depends on several factors, including how much you already pay your local utility for electricity or natural gas. You can ask your solar system professional how much heat your new system will produce on an annual basis and then subtract that number from your current annual consumption—the total amount of electricity and gas you use—to get an idea of how much you will save. Data on your current annual consumption should be available from your utility.