These costs are rolled into both fixed charges (i.e., monthly customer charges) and variable charges (i.e., ¢/kWh that you use). In Botetourt County, VA, the average monthly electric bill for residential customers is $202/month, which is calculated by multiplying the average monthly consumption by the average electric rate: 1,292 kWh * 16 ¢/kWh.Įlectric bills are designed to cover all of the costs of producing the electricity that you use, of running and maintaining the electrical grid to help prevent outages, and of any public benefit funds that promote things like renewable energy and energy efficiency. Monthly electric bills are a product of how much electricity you use per month and your electric rate. Learn more about how to finance your solar panel system. Over your system’s lifetime you’ll save more by financing your solar system with a cash purchase,īut you won’t start saving in year one. $12,600 over five years, $26,600 over 10 years,Īnd $59,000 over 20 years on electric bills in Botetourt County, VA. You can expect to save $2,400 in your first year, The savings from offsetting 100% of an electric bill with solar can add up fast!Īssuming an 2.0% annual increase in electricity prices and that you install your system with a $0-down loan, On the EnergySage Marketplace, solar shoppers in Botetourt County, VA pay an average of $33,000 for a 11.2 kW solar panel system prior to The amount that you can save with solar in Botetourt County, VA is based on two factors: how much you spend on electricity now and how much of your electric bill you can offset with solar.īased on the intensity and amount of sunlight hours in Botetourt County, VA, the average electricity customer in Botetourt County, VA will need a 11.2 kilowatt (kW) solar panel system to offset 100% of their annual electricity consumption of 15,504 kWh per year. Solar saves you money by reducing or eliminating your monthly electric bill. Electric bill savings with solar in Botetourt County, VA
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