How to save on your energy bills
It may seem like an obvious statement, but the more energy you use, the less you pay in electricity bills.
And if you’re the type of person who buys energy efficient windows and use them daily, you may be in for a major headache.
In fact, it’s the exact opposite.
The simple truth is that energy efficiency doesn’t make your energy bill go down.
It makes it go up.
The same is true for solar power.
The more you power up your home with solar panels, the more your home gets more energy efficient.
You get more energy from your solar panels and less from your utility bills.
In the end, it all comes down to efficiency.
If you’re not efficient at keeping your energy efficient, then you’re going to have more problems with your utility bill.
But, when it comes to solar, that doesn’t mean you’re automatically going to save money on your electricity bills, according to a new study from the U.S. Energy Information Administration (EIA).
Instead, the study found that, compared to people who buy energy efficient appliances and solar panels on a daily basis, those who install solar panels every day have an average savings of about $1,100.
The average savings is $1.50 a month.
But even with that average savings, the EIA also found that installing solar panels in a home with a high efficiency standard can reduce your energy consumption by about two percent a year.
So how does this apply to you?
Well, you might think that installing a solar panel every day in your home is just a cost of doing business.
After all, a lot of people who install panels every year in a house would probably want to do it once a month anyway.
But in fact, installing a large amount of solar in a typical home increases the amount of energy needed to operate the home, so installing panels every week is only going to add up to a few thousand additional kWh per year.
That extra energy, in turn, is a good thing.
Because when it’s needed, it saves energy and keeps the house from burning up.
But installing panels a couple of times a year can still add up.
So if you install solar in your living room every other week, that means you’re only adding $1 per month to your electric bill.
But if you’ve got a roof over your head and a roof, and a lot more energy use, that might be a lot to save.
That’s because the additional energy needed by your home increases as the home’s efficiency standard increases.
As a result, installing solar on your roof might save you money every year, but you’ll be paying more money for electricity every year after that.
The Bottom LineThe EIA’s new study found a direct correlation between solar installations and energy savings.
This means that the more efficient your home’s solar panels are, the lower your electricity bill will go.
This, in part, is why the average energy savings for installing solar in 2017 is $2,600 per year compared to the average savings for an average home in 2017 of $2.00 per month.
So, the takeaway from this study is that installing energy efficient panels every few weeks in your house will add up, but it won’t add up all that much.
It’s a very low cost way to keep your energy use to a minimum.
And you’ll still save money each year after your house’s solar installation is completed.
Read the rest of our energy efficiency tips for 2018 here.