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Solar offers great potential to save money on your monthly utility bill, and with utility bills trending upward, solar is likely to remain a good money-saving option for years to come. The amount you save depends upon how much electricity you consume, the size of your solar energy system, and how much power it is able to generate. You may also opt for a leased, third-party owned system that allows a homeowner to host a solar energy system on their rooftop and purchase back the electricity generated at a discounted rate, which is not only is often less than utilities charge customers, but also allows electricity rates to be locked in for years.

1. Type and Quality Inverters come in various types, including grid-tied, off-grid, and hybrid systems. Hybrid systems are generally more expensive due to their complexity and features. The quality varies by brand and model; renowned manufacturers may charge a premium for their products due to reliability and longevity.

Roof Space and Orientation

Cost Considerations