My Utility Bills are under $100.00… Do Solar Panels Make Sense For Me? Yes, in most cases it’s a solid return on your investment. Especially when your Solar Panels can earn you federal tax-credits of up to 30%.
With a $75 a month electric bill you can expect to save over $900 in the first year alone, this can calculate up to 8 to 12% annual interest rate. Tax-free! This investment will bring in a savings of up to $40,000 over the guaranteed lifetime of the system. That’s more than 10 times the amount you would earn on a CD at today’s low rates.