How much money can you save with solar energy?

by | Mar 22, 2021 | Blog, Residential Solar | 0 comments

How much money can you save with solar energy?

Solar energy remains the most talked about topic when discussing home improvements and energy efficiency. The big question is how much money can you save with Solar energy? The cost savings are pretty much compared against electric costs with your Utility provider, or the amount of money spent on power bills if you choose not to install solar panels for your home.

Electricity Cost

As for the cost of electricity, on a national average it increases by 3.5% to 6% every year. For example, if your average monthly power bill is $250 a month and the power company increases the cost by 3.5% every year, after 10 years you will have paid over $35,194 for electricity.

Here at Solar Tech Elec our experts are on hand to present you with the best and most affordable solar products for your home or business. 

Solar Evaluation

We recommend those thinking of going solar to book a free no-obligation appointment with us. This way we can draw up a proposal after we measure the cost savings on your home electricity usage by comparing solar costs versus your current supply and future spend with the power company.  

We’re happy to show homeowners how much money they can save with their own solar panel system during an In-house or virtual appointment. 

Low Interest Rate

With Solar Tech Elec you have the option to choose one of our low interest credit agreements. Furthermore, there’s zero down payment option available. Plus, Qualified customers can receive 26% federal tax credit as a rebate over a quarter of the value of the system purchase. Customers, are rest assured their solar rates will not increase, as we can lock them in with one of our finance plans. So, monthly repayments remain the same throughout your loan term. Unlike the unpredictable rates with the power company your new home solar pv system is reliable and ensures consistent energy output for your home living empowering you with energy independence.

Book an appointment with Solar Tech Elec here

See what some of our customers say here after switching to Solar Energy


General BootyGeneral Booty
18:00 22 Jan 22
Ross and his team were excellent with quotes, pricing, communication, educating me on the solar system, follow through, and follow up. The install team was very friendly and informative and did great work. A very high quality inverter and 23 very high quality solar... panels were installed excellently. Thank you Ross and everyone at Solar Tech Elec! I would definitely recommend them to everyone interested in getting a solar system as they are there for you after the install with your questions or concerns as more
Breah DiLaneyBreah DiLaney
02:38 14 Dec 21
After multiple quotes, scam companies, 3rd party contractors and panels that came from lower grade materials; we could not be any happier with Ross and the guys @Solar Tech. He is honest, knows his products, came to our home when it fit in to our schedule and never... pressured or tried to sell us on anything. He even listened to our electric use concerns and offered multiple products to maximize our savings. Install just completed on our panels and it has been perfection from the 1st phone call. Bravo guys!read more
Ken RosenbergerKen Rosenberger
14:40 03 Nov 21
Couldn’t be more pleased with Solar Tech Elec. We got three quotes for a very good sized solar system and theirs was the best. They use top quality, American made equipment, the staff were very professional and the installation went flawlessly. I highly recommend them!
Karlie WyseKarlie Wyse
21:26 15 Oct 21
Fantastic company! Best quote I received from any solar company and the installation process was smooth as butter. We had 28 panels installed and everything was complete in 1 day. The installers were very nice and professional as well. Don't look any further if you're... considering Solar panels! Highly recommendread more