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As electricity prices continue to rise, and your take-home pay seems to shrink, finding ways to save money becomes crucial. One significant expense is your electricity bill. But fear not! There’s a bright solution: solar power.
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The sun emits a type of energy called electromagnetic radiation (EMR), also known as solar radiation. This energy reaches the earth as tiny packets called photons.
A solar panel, also known as a photovoltaic (PV) panel, is a device that converts sunlight into usable electricity. These are sandwihed between special cells made from silicon, phosphorus and boron. When sunlight hits these cells, it generates an electrical charge. This energy can be harnessed to power your home appliances.Â
The exact amount of money you’ll be able to save with solar panels depends on a variety of factors, but creating a rough estimate based on your specific needs is something we will be able to help you with. As a ballpark figure, a standard solar setup generates about 350-850 kWh monthly, compared to the average household’s 909 kWh usage. This could slash up to 90% off your energy bills.
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Take an average yearly consumption of 11,135 kWh, costing around $130 monthly. Over 30 years, you’d spend about $46,800, not factoring in rate hikes. A 10 kWh solar installation, priced at $2.91 per watt, means an upfront cost of $29,100, but it powers your home for over three decades.
Subtracting the installation expense from a 30-year electricity cost, you’d net an estimated $17,700 in savings. Plus, with rising electricity rates, your financial benefits could be even more substantial.
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In summary, solar power is like having your own mini sun-powered generator, helping you cut costs and lighten the load on your wallet!Â
Since 2015, Pro Climate Heating & cooling has taken pride in providing the Greater Toronto Area with superior, honest and reliable Heating and Air Conditioning services.
Pro climate is dedicated to its founding principle – building relationships based upon mutual trust and respect.
info@proclimate.ca
888-905-8008
