Determine your energy goals
Once you have a handle on your energy bill, you’ll have a better sense of your actual energy needs now and can think about what they’ll be in the future, especially if you get solar and want to get an EV or electrify your home more to take advantage of that free energy.
This will also help you figure out what your goals should be for your solar system. The prime driver for most people is usually saving money on your utility bill by avoiding using energy from the utility. As we’ve mentioned, how much you can save depends on how much energy you use, how much you pay for electricity, how big your solar system is and whether you include a battery.
If your utility offers net energy metering (NEM), you can also get paid for the excess energy your system generates, particularly in the late spring through early fall. That money serves as a bill credit that can help offset your electricity bill during fall and winter when your system is producing less energy (mainly because the sun is on a more southerly path, the amount of daylight is shorter, and there tends to be more cloudy days).
At the end of each year, your utility does a “true-up” based on how much energy your system produced and how much electricity you drew from the grid. If you produced more than you used, they may owe you money; if it’s the other way around, you may owe them money (but if your system is sized right, it shouldn’t be much). Or you may simply break even for the year and essentially didn’t pay for any electricity, which is still a win in our book.
But beyond savings, you may want a system with batteries that helps you weather power outages, provides even more energy independence, or simply prioritize using renewable energy for more of your day versus polluting fossil fuels that may be powering your grid energy. Regardless of your reasons for going solar, a new system can help meet your goals.