Save Money on Your Energy Bills in 2023

If you’re like most, you have a few New Year’s resolutions for 2023. Most of us want to eat healthier, exercise more, and have additional free time to enjoy life. Saving money is close to the top of many lists of resolutions, too. One of the best ways to cut costs is to reduce your home’s energy load and go solar. This not only enables you to save money on utility bills each month, but it also helps reduce your carbon footprint.

Reduce Energy Load

Reducing your energy load can be accomplished in several ways. First, you can lower your heating and cooling load by improving your home’s performance. This includes ensuring your home’s insulation and windows are not causing warm or cool air to escape. Don’t forget simple strategies like weatherstripping windows which can reduce heating and cooling costs by up to 15 percent. For the greatest savings, consider replacing aging HVAC equipment with new, higher-efficiency SEER rated products that will help you save money by utilizing the benefits of the Inflation Reduction Act tax credits.

Any outdated appliances and devices in your house should be replaced over time with the latest EPA Energy Star rated appliances for even more electricity savings in your house. Dryers, electric water heaters, and refrigerators are generally three of the largest energy hogs in your home.

Lower Power Consumption

Cooling, heating, and electric water heaters make up a significant portion of your electric bill. Though they’re not the only uses of electricity in your house. You’re also paying for “ghost loads” which are household appliances and devices that use energy when they’re not being used. These energy depleting units can add up to 100 watts or more of electricity that you’re paying for every day. The most common causes of ghost loads are older models of microwaves, toaster ovens, coffee makers, printers, and power strips.

Go Solar Now

According to one study, almost 62 percent of our electricity needs are met by burning fossil fuels, such as natural gas and coal. Although you can save money by reducing your home’s energy load, you can cut your electricity costs even more by choosing to go solar. With a home solar system, you’ll have little or no electric bill each month with savings continuing for decades. Panels that quietly sit on your home’s roof, generate an endless source of clean energy—saving you money.

Call today for a free solar system quote at 623-234-2836 from your local installation technicians at Cool Blew Solar and find out how you can save more in 2023. Happy New Year!

FAQ's

Is Solar Energy Expensive?

The size of your panel installation and the needs of your home will affect your costs. The average net cost of a 5.69kW system is $13,838 cash after 30% rebate (according to solar-estimate.org). An average-sized system can cost up to $35,000. Larger installations will require more hardware, planning and construction time. This can further increase costs. While solar panels are expensive, they have many distinct benefits. Cool Blew Electric & Solar’s experts can assess your situation and goals and recommend a cost-effective system to meet your needs.

How Much Can I Save By Installing Solar Panels?

An average-sized system (5 kilowatts) can reduce up to 50% of your monthly electricity bill. A 5.69kW system would offset 100% of your energy usage if your typical monthly bill is $138. Over a period of 20 years, these savings can add up to $30,000, based on your location and energy usage.

How Long Would It Take to Recoup My Solar Investment by Solar Energy Savings?

With a 5.69kW Solar system you would recoup your savings in 7 years and 2 months but with continuous Utility increases every year your Return and Investment will be much sooner.

What is a Solar Lease Program?

The Solar Lease Program has been one the most popular option that homeowners have chosen over the years. Solar Lease programs gives homeowners the opportunity to take advantage and put Solar on their homes and a guaranteed savings from their Utility for little to no money out of pocket. Most Leases are 20 year power guarantee from the solar provider and includes fixed monthly payments, no repair cost, fully insured and warrantied for the life of the system.

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