New England Solar + Green will help you weigh your options given your budget and energy production goals. The end goal being to eliminate your electric bill! An average monthly electric bill of $100 becomes an annual $1,200 expense. Over 20 years, that same $100 monthly bill balloons to $24,000 paid to your utility, and that’s before factoring in electricity rate increases that will likely make your 20-year energy costs even higher. Installing a solar panel system at your home or business takes you out of this cycle. Solar immediately saves and creates the long-term stability a good investment should. The average payback is between 3 and 7 years, with over 50% of the total system cost saved after the first year of operation.