Most homeowners already know it: solar installation for the home is one of the best options for lowering your energy bills and saving money on your long-term utility expenses.

What doesn’t get talked about quite so much is what to expect from your bills after you install solar power. How much will your solar panel savings be, and what will those first few energy bills look like after your system goes in?

Luckily, we’re here to supply the answers you need. Read on.

One of the biggest benefits of solar panels is that they save you money. Most people who install residential systems find that their electric bill after solar panels is much lower than it was before solar panels.

Solar panels also provide long-term financial perks, frequently saving households tens-of-thousands of dollars in the two decades after their installation. If you’re wondering, “How much can I save with solar panels?” you’ll be happy to know that the number might be higher than you think.

If you’re interested in learning more about the positive financial impact of solar panels, consider these solar panel savings statistics.