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Will I Still Have an Electric Bill with Solar Panels?

June 19, 2024

If you’re considering investing in solar panels for your home, you might be wondering, “Will I still have an electric bill with solar panels?” The simple answer is yes, you will still have an electric bill, but the good news is that you can expect your bill to be significantly lower.

Let’s explore why this is the case and what you can do to maximise your savings.

will i still HAVE an electric bill with solar panels - close-up-of-senior-woman-opening-uk-energy-bill

Understanding How Solar Panels Work

Solar panels harness the power of the sun to generate electricity for your home. They convert sunlight into direct current (DC) electricity, which is then converted into alternating current (AC) electricity by an inverter. This AC electricity can be used to power your home, reducing the amount of electricity you need to purchase from your utility company.

Selling back to the grid

One of the key factors in determining your electric bill with solar panels is a system called SEG. SEG allows you to send excess electricity generated by your solar panels back to the grid. In return, you receive credits on your electric bill. These credits can be used to offset the electricity you use when your solar panels aren’t producing enough power, such as at night or during cloudy days.

Why You’ll Still Have an Electric Bill With Solar Panels

There are a few reasons why you will still have an electric bill with solar panels

  1. Energy Usage Exceeds Production: If your household consumes more electricity than your solar panels produce, you will need to purchase the additional power from your utility company. This is especially common during winter months or if your system is undersized for your energy needs.
  2. Fixed Charges: Utility companies often have fixed charges that all customers must pay, regardless of how much electricity they use. These charges cover the cost of maintaining the grid and providing service to your home.
  3. Seasonal Variations: Solar panels produce more electricity in the summer when the days are longer and the sun is stronger. During winter, production decreases, and you might need to rely more on grid power.
Members of the sgs team installing solar panels in Kent | will i still have an electric bill with solar panels

How Much Can You Expect to Save?

The amount you save on your electric bill depends on several factors, including:

  • Size of Your Solar Panel System: Larger systems generate more electricity, which can cover a larger portion of your energy needs.
  • Local Solar Radiation: Areas with more sunlight will produce more solar energy.
  • Energy Consumption: Households with higher energy consumption will see greater savings from solar panels.
  • Utility Rates: Higher electricity rates mean greater potential savings when you switch to solar.

On average, homeowners can save between 50% to 80% on their electric bills after installing solar panels. In some cases, you might even eliminate your bill entirely during certain months.

Tips for Maximising Your Savings

To get the most out of your solar panel investment, consider the following tips:

Optimise Your Solar Panel System

Work with a reputable solar installer to design a system that meets your energy needs and takes advantage of your roof’s sun exposure. Proper placement and installation are crucial for maximising efficiency.

Monitor Your Energy Usage

Track your energy consumption and adjust your habits to use electricity more efficiently. Simple changes, like using energy-efficient appliances and turning off lights when not needed, can make a big difference. The good news with this is that most Solar Panel systems come with an App that allows you to monitor the electricity generated by your solar panels.

Regular Maintenance

Keep your solar panels clean and free of debris. Regular maintenance ensures they operate at peak efficiency and continue to generate maximum power.

Consider Battery Storage

Adding a battery storage system can help you store excess electricity generated during the day for use at night. This can further reduce your reliance on grid power and lower your electric bill.

Even Though You Will Still Have An Electric Bill With Solar Panels They Are Still A Smart Investment

While you will still receive an electric bill after installing solar panels, the amount you owe can be dramatically reduced. By generating your own electricity, taking advantage of SEG, and optimising your system, you can enjoy significant savings and contribute to a more sustainable future.

Ready to take the next step? Contact SGS Energy today to learn more about how solar panels can benefit you. Our team of experts will help you design a system tailored to your needs and guide you through the installation process.

Start saving on your electric bill and join the solar revolution with SGS Energy!

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