How can I calculate my solar savings?
An example of an AI chatbot conversation about calculating savings from solar energy.
How can I calculate my solar savings?
To calculate your solar savings, you'll need to consider your current electricity bill, the cost of solar installation, and the amount of sunlight your location receives.
What factors should I consider for accurate calculations?
Key factors include your average monthly electricity usage, local electricity rates, solar panel efficiency, and any available incentives or rebates.
Can you help me with a formula to estimate my savings?
Sure! A simple formula is: Savings = (Electricity Rate x Monthly Usage - Solar Production) x 12 months.
What if I have net metering?
With net metering, you can sell excess energy back to the grid, which can significantly increase your savings. Adjust your calculations to include potential earnings from net metering.
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