Category Archives: Cost Benefit

Articles concerning the pricing of solar and the economic benefits of going solar.

Are solar panels worth it in 2022?

Last updated: 04/04/2022

Like any major investment, installing a solar energy system is a big decision! But, as the cost of solar continues to decline and new energy bills make purchasing more attractive, this decision to go with solar over other fossil-fuel-based methods of energy production is becoming easier and easier. For most people, going solar now represents a smart long-term investment with substantial savings. Depending on a variety of factors, you could save $1,200 on your electricity bills in the first year of going solar. However, before installing a solar panel system, you’ll want to make sure that you can take advantage of these benefits by first considering a few major factors. In this article, we’ll help you answer the question: “Is it worth it to buy solar panels?”

Ultimately, the answer to that question is: it depends. There are few circumstances where someone can definitively say that solar panels aren’t for them without exploring their options and getting an evaluation from a licensed, reputable installer. Even renters may have solar options if their property owners or managers are open to it. Keep reading to learn if solar is really worth getting for you and your situation. 

Continue reading

How much do solar panels cost in 2022?

In 2022, solar panels cost about $20,000 on average. With the cost of solar panels dropping every year, there’s never been a better time to go solar. In this article, we’ll break down the cost of solar by system size, state, and panel brand, all of which can significantly impact the final number you pay.

Continue reading

How many watts does a Peloton exercise bike use?

Peloton is all the rage, and home exercise equipment in general is more popular than ever. Their exercise bikes are more or less unique on the market in that they actually consume energy, which powers the large touchscreen on the front, where you watch and participate in classes. While not nearly as power-hungry as appliances like air conditioners or washing machines, it can be helpful to know how much electricity your Peloton uses when you’re looking at your whole home’s energy usage.

Continue reading

How many watts does an electric oven and stove use?

We use ovens and stoves to cook all the time, and these days, electric ovens are only gaining in popularity. While not quite as power-hungry as whole-home appliances like air conditioners, it’s important to know how much electricity your oven and stove uses when you’re looking at your whole home’s energy usage, especially because they are relatively high wattage devices.

Continue reading