Cut Energy Bills Forever Home Solar Meets EV Charging
Understanding the Financial Benefits
Investing in a home solar system may seem daunting at first, but the long-term financial benefits are compelling. On average, a residential solar panel system can reduce electricity bills by 70-90%1. When paired with an EV, the savings are even more substantial. According to the U.S. Department of Energy, the cost of charging an EV is generally about half the cost of fueling a gasoline vehicle2.
Furthermore, many states offer incentives and tax credits for solar installations, which can cover up to 30% of the installation costs3. Additionally, some utility companies provide rebates for customers who install solar panels or EV chargers, further reducing the upfront costs.