One of the most commonly associated pitches for solar panels and solar energy systems in general is that they are excellent if you want to save money on your utility bills. Nearly every solar panel company tries to communicate this message; however, is that really the case? Oftentimes, you will have people doubt that whole idea that solar panels do, in fact reduce power bills and contribute heavily to the savings you incur. Let’s take a look at this and explore in detail, whether solar panels really are all that effective in reducing power bills and subsequently, reduce energy consumption?

To help explain the answer, which will be given in the following passages, solar panels generate electricity; however, it’s the configuration of the solar energy system that essentially determines whether it will reduce energy consumption or altogether get rid of the grid. You see, hybrid and on-grid systems will supplement the grid power; that is, it will fill in the voids where grid power fails to and will keep grid energy consumption down during peak times, thus lowering your bills and your energy consumption.

Off-grid systems, on the other hand, take you off the grid completely and are the sole energy source for your location. Consequently, those are more heavy-duty systems, which can keep a home powered on their own. So, yes, solar panels are effective in reducing power bills, just how much, we’ll now see. We’ll also look into the best solar company in Dubai and the solar panels that you can get from the topmost solar company in UAE.

How does solar energy reduce electricity bills?

As explained beforehand, solar energy and solar panels work on the principle of supplementing the grid power, not completely replacing it. The distinction between the two lies in what kind of solar energy system is installed. But how does solar energy reduce electricity bills and power consumption.

This can be understood by presenting a situation all of us find ourselves in. During summers, when the heat gets a little too unbearable, many consumers turn on their ACS, further increasing the load on the grid and shooting up the energy consumption. Well, in this case, solar energy and solar panels help by mitigating the increase in the consumption; the grid energy stays the same, the extra being consumed by the user is now being provided by solar energy.

This means that despite the user consuming more energy, the grid input stays the same, with the user being charged for what they used, which is significantly less because of the presence of solar energy. This is how solar energy reduces electricity bills, by simply helping out the user actually consume less from the grid and helping out when consumption goes high.

For off-grid, there are no electricity bills, obviously, and the entire demand is fulfilled by the solar energy system, which is usually very heavy-duty and is capable of running the entire premises by itself. However, environmental considerations like rainy, cloudy days and winters make it so that going completely off the grid is not usually recommended.

How effective are solar panels in reducing electricity bills?

Very effective. To the point where even with low yield systems, an average savings of around $1000 per annum is calculated. And with the average lifespan of a solar panel being around 25 years, you can very well guess how much effective a solar energy system is in reducing electricity bills and lowering consumption. According to several estimates, you could have around $25,000 to $30,000 in savings over the lifetime of a solar panel, which makes it very efficient and effective in doing the aforementioned.

The best solar panels from the best solar company in Dubai

With Beacon Energy, the best solar panels are readily available in a number of power configurations for the energy requirements of the entire region. Operating out of Dubai in UAE, the whole middle eastern region benefits from an above average exposure to sunshine, and all of this solar energy can be leveraged to satisfy the needs of the growing economy, and Beacon Energy is poised to supply the best equipment from the best manufacturers in the world to help the region go above and beyond with its solar energy excellence.