See how much money you could save on your electric bill by going solar — monthly, annually, and over 25 years.
⚠️ Savings estimates assume solar covers the selected percentage of your usage. Actual savings depend on your utility rate, net metering policy, and system performance. Always consult a licensed solar installer.
Most homeowners who go solar save between 50–100% on their monthly electric bill, depending on system size, location, and local utility rates. Over a 25-year system lifespan, total savings typically range from $40,000 to $80,000 or more — even without the federal tax credit that expired in 2025.
Your electric rate: The higher you pay per kWh, the more you save. California, Hawaii, Massachusetts, and New York have among the highest rates in the country — making solar savings there exceptionally high. Net metering: If your utility offers full net metering, excess solar power you generate is credited against your bill at the retail rate, maximizing savings. System size: A system sized to cover 100% of your usage saves the most.
Solar panels are warrantied for 25 years and typically last 30+ years. As utility rates rise over time (historically 2–4% per year), your savings actually increase each year. A homeowner saving $1,800/year today could be saving $3,000+/year by year 20 — making the 25-year total savings significantly higher than the first-year calculation suggests.