Hey. Yeah, more and more. I see houses in my neighborhood getting solar panels installed on their roofs and I always look up and I think to myself, are those really worth it now that the government is offering an even higher tax credit on them, I want to know and you want to know what are the real benefits to go solar? We're about to find out how much money you can save on your electric bill and it turns out there is *** way to make money on it too. This is timely with record breaking heat and power grids strained to the max. This is where solar shines, it helps the environment. He's in strain on the grid, but you also want to know how it affects you financially. We're crunching the numbers Alright, we're at *** house right now where they're actually in the middle of an install for solar and we're going to walk you through this as it happens. How much does it cost to put all this stuff up and how much money can you save? This is Jensen chapman from sunpower my off the power grid entirely when I put solar up. Well, not necessarily, all solar electric systems are tied into the electrical grid. So think of it this way when you have solar on the roof that becomes your first source of electricity for the home now during cloudy days or stormy weather, that's when you can rely on the grid or say at night, so you're still on the power grid if you need the power if it's cloudy or something, but that's *** last resort. I'm not going to be charged for power during the day if there's enough sun and it's coming in, That's correct. All right. Let's get down to the cost. The average size home is about 2300 square feet and the cost of getting solar panels installed can average about $20,000. But you can cut that down with federal, state and local tax credits in this case, just the federal incentive alot one of 30% off will get you $6000 off. Bring that $20,000 average down to 14,000. Can you with the installation cost? Is there like *** payment plan or do you have to pay that all up front? Absolutely. For zero down again, You can finance the cost of your system And that monthly payment is going to compete with your electric bill sometimes *** little more, sometimes the same and sometimes *** little less. So you don't have to pay out 20 grand off the top to install the panels, correct? So how much can you save on your monthly electric bill? You start saving from day one solar can cut your monthly energy bill by get this up to 50% off. But wait until you hear this next. We talked about the cloudy days or night time when you're not getting enough. But there are also times when you have too much. So what happens with that surplus when you have solar on the roof and you're producing more energy than what the home is using, that energy can either go back to the grid to get credits for it or you can hold on *** minute, you'll get like *** credit on your bill for the next time you need to pay the electric company. That's correct. So you're basically selling it back to them. That's correct. Or you could store that extra solar power in your own solar battery that can be used on demand, say at night or during grid outages. That's right. No need to go out and buy *** clunky generator for power outages. Your solar storage is your generator. Here's the big thing. The cost and how useful it is varies from house to house. Google has *** website called Project Sunroof. You just type in your address and uses google earth imagery to analyze your own roof and local weather patterns. It will even calculate your average electric bill and how much money you in particular can save If you go solar, I'm going to put *** link to that website on my website at Rawson Reports dot com. It's *** great tool back to you