From Guest Blogger Conor MacGuire: Difference in Energy Bills Before and After Installing Green Energy

Renewable energy is one of the few eco-friendly ways of powering homes and saving on overall energy bills. Solar energy leads the charge when it comes to generating green energy, helping homeowners control electricity costs and contributing towards the ongoing green revolution.

Considering this, governments in some countries have instructed power corporations to buy energy back from homeowners. And with installation costs dropping by nearly 80%, solar panels almost certainly offer much better investment returns in the long run now.

Keep in mind that it is only after using green energy on regular basis that can you draw conclusions on the actual savings made on electricity bills.

Some informative points on savings made, before and after installing green energy production systems, are listed below.

How Much You Can Save By Installing Solar Panels?

Though solar energy can help reduce power costs in several ways, you can’t analyze exactly how much you have saved by using it in your residential or commercial property. Generally, the saved amount depends upon many factors.

Most important of these factors include fluctuating energy costs, total energy requirements, efficiency of the solar panels installed, weather conditions (unpredictable), position of your house, etc.

In the long run, a lot will depend on your choice of owning or leasing solar energy systems.

Green Energy Saving Benefits – Detailed Analysis

In order to get a fair idea of overall energy and money saving benefits of green energy, you’ll have to thoroughly understand the entire solar panel investment and installation process:

1. Solar Panel Initial Costs

In the beginning, solar panels are a somewhat expensive deal, but the benefits you get after installation are worth the investment. For example, solar panel systems of 1.5KW and 4KW will cost you around $6,000 and $15,000, respectively.

So, if a home consumes about 18kWh a day on average, a 1-2kW solar panel system will displace about 25 to 40% of your overall power costs.

2. Solar Panel Systems as an Investment

A solar panel system covers a definite part of your electricity costs, and not the entire energy bills. In several cases, however, those who use new systems in the most appropriate manner have successfully offset entire household energy bills too!

Solar panel benefits also vary from home to home, for every household has dissimilar power usage levels. And if you are an average energy user, you can save up to 8%.

3. Solar Energy for Green Environment

For many households, the use of solar energy has been a great step towards building a greener, environmentally friendly lifestyle. Unfortunately, this is not an option for buildings affected or shadowed by geography, trees and other taller structures.

If solar panels are appropriate for you, you can make a switch after comparing plans that promote green energy use with what you are paying your electricity supplier right now.

Green deal assessment can also help you to save your energy bills. Official green deal assessor would advice you which part of your home need energy efficiency.

4. Solar Energy Use – Energy Bills Before and After

More than half of the business owners and homeowners using solar energy report they have successfully reduced their bills by 50 to 90%.

That means if your monthly power costs are $400 and can cut them down to $200, which is 50%, by increasing solar energy usage, a solar panel will help you save $2400 every year.

Surprised? You should be.

If the business that you own spends $1000 on energy each month, installing a solar panel can help you take these costs down to $500, allowing you to save $6000 yearly.

Solar panels absorb solar electromagnetic radiations and use solar cells installed within them to create electricity. There is a compound circuitry system that transmits the newly produced electricity within your home or commercial building, so that you can use it exactly like common electricity.

Author Bio: This is Conor MacGuire. I am author and co-founder of Green Energy Scotland Limited. I have been involved in the renewable and energy saving sector for a number of years, garnering valuable experience through working with some of the leading organizations in the carbon reduction, renewable and waste solution industries. You can contact us or can get more updates on our Google+ Business Page.