GREEN ENERGY
What are the best cities to install solar panels on your home and what is the average annual savings?
Investing in solar panels not only contributes to environmental sustainability but also offers substantial financial benefits.
As the demand for renewable energy rises, many homeowners are considering solar panels as a sustainable solution to reduce energy costs. Certain US cities stand out for their solar potential, offering homeowners significant savings and incentives.
A typical residential solar system of about 8 kilowatts (kW) can cost between $15,000 and $20,000 to install. Homeowners can save around $1,500 annually on electricity bills, depending on local energy rates and sunlight exposure.
In states like California, where residents spend over $3,000 annually on electricity—35% higher than the national average—solar panels can significantly offset costs. Additionally, many cities offer incentives, rebates, and tax credits that further enhance savings.
Here, we explore the best cities for solar panel installation and the average annual savings homeowners can expect.
The best states to install solar panels
Honolulu, Hawaii: Honolulu leads the nation in solar power capacity installed per capita, with an impressive 840.88 watts per person. The state’s commitment to renewable energy and abundant sunlight make it a prime location for solar installations.
San Diego, California: Known for its sunny weather, San Diego ranks second in solar power capacity per capita, with 294.8 watts per person. The city also has a robust market for solar homes, making it an attractive option for potential buyers.
Albuquerque, New Mexico: Albuquerque is emerging as a top contender for solar energy usage, with favorable incentives and abundant sunshine contributing to its growing solar market.
San Jose, California: San Jose is another city with significant solar potential, benefiting from California’s supportive renewable energy goals and a strong local market for solar technology.