Overview
Most homeowners are interested in learning about how solar panels can lower their energy spending and reduce their carbon footprint. But don’t do it wrong! We've discovered there is a very high chance homeowners will end up paying more – in most cases, a lot more – than if they did nothing. And the solar sales people out there are making the problem worse be steering homeowners to over-sized systems!
PV solar generators are a major investment, and you want to make sure you size the system correctly. Here are a couple of tips that are likely to save you handsomely:
- Undertake relatively inexpensive efficiency measures first! In almost every home, there is a host of efficiency measures that deliver savings at much less cost than installing those expensive PV generation panels. Figure out what those measures are, and do them first – it'll likely save you tens of thousands of dollars over the life of the system!
- Don't oversize the system and substitute out cheap electricity! Frankly, electricity pricing is confusing to most folks in California, but the short story is that everyone is entitled to a basic amount of inexpensive electricity. Buying an overly large solar system that generates power and replaces this inexpensive electricity never pays back; it ends up actually increasing the homeowner's cash outlays!
yoUtilBill has developed a technology that optimizes this 'efficiency-solar generation-cheap electricity' trade-off for each unique home. Together with our "whole house" view, our technology figures out how each homeowner can reduce their energy-related spending – including all costs related to solar and efficiency measures. Our review gives homeowners an opportunity to clearly see the economics involved as they weigh their comfort, spending and carbon-emission profile. Ask us how PV solar can fit into your customized Energy Action Plan.
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