Quantcast
Environmental News for a Healthier Planet and Life

Going Solar Can Save You Big Time

Business
Going Solar Can Save You Big Time

Aside from the natural concerns that accompany most changes, a five-figure price tag is oftentimes what unnerves people about going solar. Such a number presents it as a sizable investment—which it is–but doesn't immediately reveal the savings when compared to other forms of electricity.

This week, Cost of Solar, an online energy resource and national network of solar installers, estimated solar expenditures for all states as well as potential savings over a month and the long term. The national average cost is $17,056, but as Cost of Solar points out, the renewable form of energy is available for less than $10,000 in a handful of states. That's not counting local, state and federal incentives that might be available.

How Much Solar Costs in Your State

Graphic credit: Cost of Solar

Solar users in 10 states are saving $100 or more each month when compared to old utility bills. Most of the country saves between $50 to $99.

What You Could Save Each Month

Graphic credit: Cost of Solar

Glenn Cucinell, solar division manager at Encon Solar Energy Division, had a much higher overall estimate for Connecticut than Cost of Solar—$24,000, compared to $15,010—but said a mix of incentives in that state could drive the cost all the way down to $8,000.

Even some of the states with lower electricity rates would produce significant savings over time.

What You Could Save Over 20 Years

Graphic credit: Cost of Solar

"What would you do with an extra $20,000," Cost of Solar asks in its blog post. "That's how much the average solar system will save you over 20 years. Residents in some states with electricity prices can expect to save much more than that—consider Hawaii, where residents save, on average, $64,000 after 20 years."

Visit EcoWatch’s RENEWABLES page for more related news on this topic.

Ningaloo Reef near Exmouth on April 2, 2012 in Western Australia. James D. Morgan / Getty Images News

By Dana M Bergstrom, Euan Ritchie, Lesley Hughes and Michael Depledge

In 1992, 1,700 scientists warned that human beings and the natural world were "on a collision course." Seventeen years later, scientists described planetary boundaries within which humans and other life could have a "safe space to operate." These are environmental thresholds, such as the amount of carbon dioxide in the atmosphere and changes in land use.

Read More Show Less

EcoWatch Daily Newsletter

A 3-hour special film by EarthxTV calls for protection of the Amazon and its indigenous populations. EarthxTV.org

To save the planet, we must save the Amazon rainforest. To save the rainforest, we must save its indigenous peoples. And to do that, we must demarcate their land.

Read More Show Less

Trending

UN Secretary General Antonio Guterres delivers a video speech at the high-level meeting of the 46th session of the United Nations Human Rights Council UNHRC in Geneva, Switzerland on Feb. 22, 2021. Xinhua / Zhang Cheng via Getty Images

By Anke Rasper

"Today's interim report from the UNFCCC is a red alert for our planet," said UN Secretary General Antonio Guterres.

The report, released Friday, looks at the national climate efforts of 75 states that have already submitted their updated "nationally determined contributions," or NDCs. The countries included in the report are responsible for about 30% of the world's global greenhouse gas emissions.

Read More Show Less
New Delhi's smog is particularly thick, increasing the risk of vehicle accidents. SAJJAD HUSSAIN / AFP via Getty Images

India's New Delhi has been called the "world air pollution capital" for its high concentrations of particulate matter that make it harder for its residents to breathe and see. But one thing has puzzled scientists, according to The Guardian. Why does New Delhi see more blinding smogs than other polluted Asian cities, such as Beijing?

Read More Show Less
A bridge over the Delaware river connects New Hope, Pennsylvania with Lambertville, New Jersey. Richard T. Nowitz / Getty Images

In a historic move, the Delaware River Basin Commission (DRBC) voted Thursday to ban hydraulic fracking in the region. The ban was supported by all four basin states — New Jersey, Delaware, Pennsylvania and New York — putting a permanent end to hydraulic fracking for natural gas along the 13,539-square-mile basin, The Philadelphia Inquirer reported.

Read More Show Less