How to calculate power bill with solar

How do I calculate my monthly electricity bill?

To calculate your monthly bill, subtract the value of your exports from the cost of the imports, as shown below: $22 for grid imports – $82 for solar exports = -$60 electricity bill So instead of a $44 electric bill before solar panels, you now have a -$60 bill with solar panels — a $104 swing.

What is a solar Bill vs electricity bill?

Solar systems can be – and often are – designed to produce 100% of household electricity consumption and essentially replace your utility electric bill with a lower, more stable payment on the solar system. At this point, it’s important to distinguish between a solar bill vs electricity bill.

Should I pay for solar panels instead of an electricity bill?

There are several advantages of paying for your solar equipment instead of an electricity bill. At the end of the day, home solar gives you control over where your electricity comes from and how you pay for it – which is something you won’t get from a utility company. How much will my electric bill be with solar panels?

How do I get a solar energy estimate?

First, you will need to know the annual electricity consumption for the property. You can find this information on the utility power bills for 12 months. Add the monthly kilo-watt hours (kWh) for an annual total. If you don't have power bills, there are other ways to create an estimate. Order the solar design service and we can help.

Do solar panels affect my electricity bill?

Your electricity bill with solar panels depends on a few factors, including the size of your system, electricity consumption, net metering policy, and the time of year. In many cases, solar systems can be designed to produce 100% bill offset so the homeowner is only paying for solar electricity or utility electricity – and not both.

What is a monthly electric bill?

Monthly electric bill = Cost of grid electricity imports – value of solar exports So, let’s say you have 1:1 net metering, a solar system sized to produce 100% of your average electricity consumption, and a utility rate of 17 cents per kWh. For the month of June, your consumption and production might look something like the graphic below: