The benefits of switching to solar energy to power your home now far outweigh the costs almost anywhere in the United States today. On average, you will save approximately $23,000 on electricity costs over 25 years. And after subtracting the installation costs, that means an extra $6,000-7,000 in your pocket. In fact, many experts say that investing in solar energy for your home has a better return than investing that same amount in stocks.
The benefits vary from state to state, based on the costs of installation, energy prices, and government programs that offset the costs for homeowners. The good people at The Simple Dollar have put together this handy state-by-state guide to help you figure out exactly how much you can save by switching to solar.