Our solar profiles show fictional examples based on people and families that have chosen solar for their home. These examples are scenarios meant to illustrate what a person’s savings could look like with solar. Compare your energy usage and home size to the profiles in your state to get a better idea of the potential costs and benefits of solar for your home. Curious how we got these numbers? Scroll to the bottom of this page to see our assumptions and inputs.
Contact us today to get a free quote for what your savings could look like based on your home and energy usage profile.
Cynthia and Joe recently bought their first home in Norfolk, MA. Their home is the perfect size for their small family and gets a lot of sun. They want to explore options for more sustainable energy sources and invest in long-term savings on their electric bills. Cynthia and Joe decided to finance their panels with a 15-year loan with 3% interest.
Average monthly bill before solar: $182
Annual usage (kWh): 9,500 (average 792 kWh per month)
Size of system (kW): 9.5
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Projected savings on average monthly bill next year: $161
Projected cost of solar system: $29,500
Bruno lives in a beautiful home in Worcester County, MA. His home gets a lot of sun exposure, particularly in the summer. His energy usage is going up as he adds appliances like a hot tub, so he is excited to go solar to lower his monthly electricity bill. He has decided to pay for their solar panels in cash.
Average monthly bill before solar: $117
Annual usage (kWh): 6,100 (average 508 kWh per month)
Size of system (kW): 6.1
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Projected savings on average monthly bill next year: $99
Projected cost of solar system: $18,900
Rachel and Abe live in a spacious home with partial shade in Frederick County, MD with their three children. They have a new baby on the way, and recently decided to power their home with solar panels to help lower their monthly electricity bill while helping the planet. They’ve decided to finance their solar panels, as many households do, with a 15-year loan at a 3% interest rate.
Average monthly bill before solar: $179
Annual usage (kWh): 15,300 (average 1,275 kWh per month)
Size of system (kW): 15.3
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Projected savings on average monthly bill next year: $158
Projected cost of solar system: $40,400
Susan and Fred are a retired couple who live in a small home outside Baltimore, MD with plenty of sun. After a winter of particularly high electricity bills, they’ve decided to go solar to take control of their costs. They plan to pay cash for their panels.
Average monthly bill before solar: $70
Annual usage (kWh): 6,000 (average 500 kWh per month)
Size of system (kW): 6
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Projected savings on average monthly bill next year: $54
Projected cost of solar system: $15,900
In some states, customers can get incentives, rebates or credits for their residential solar system.2 Eligibility and availability of these benefits can vary based on your location and personal situation. We can help you navigate and make the most of federal tax incentives and your state’s rebate offers.
Learn More about Solar Tax Incentives
Savings vary based on each individual situation. Factors such as tree cover, shade, roof materials and conditions, roof space and angle, usage patterns, weather patterns, direct sunlight hours, etc. may affect how much a customer could save. The profiles on this page are purely hypothetical and are intended to provide an illustrative example only. Call us today to get a free quote for your home that is tailored to your home and energy profile.
Next year’s monthly bill after solar” was calculated by taking the average residential retail electricity price in MD ($0.14/kWh) and MA ($0.23/kWh) respectively, an even annual usage across 12 months, and a 95% offset (meaning that 95% of the household’s consumption was generated by the owner’s solar panels rather than from the energy grid).
kWh price disclaimer: Retail electricity price can vary across utilities and geographies. The total average residential retail electricity price in MD was $0.14 per kWh, and $0.23 in MA in November 2021 according to the US Energy Information Administration (EIA) (incl. supply and utility distribution rates). For a free quote based on your monthly bill and house conditions, call us today.