How Much Can I Save With Solar Panels. How much money do solar panels save per year? As is the case with solar, the best incentive for energy storage is the federal investment tax credit (itc), which currently provides a 26 percent credit on your taxes for the.
First, consider the system cost. As well as saving you money on your energy bills, solar panels can also earn you cash. In 2002, the average cost of a solar panel was.