The cheapest electric home in America costs $3,400 per month.
And the most expensive home in the U.S. costs $2,300 per month, according to data from Zillow.
That means if you live in a town with 1,200 residents and pay $2 per month for your electricity, your electricity bill would total $7,200.
It also means if the average household has a $25,000-a-year salary and has a median household income of $55,000, their electricity bill is $7.5 million.
That’s a huge difference.
Here’s why: The average household consumes 1,600 kilowatt-hours of electricity, or a whopping 2,100 kilowatts.
For the average person, that’s 1,500 kilowatthours, or 2,300 kilowatters.
That includes a quarter of the energy that comes from coal-fired power plants, which generates almost one-third of the nation’s electricity.
The other half comes from wind turbines and solar panels, which generate roughly a quarter.
And in the states where they are the most plentiful, solar panels provide more than a third of that energy.
But that’s not all: For a person who lives in the country’s poorest areas, the average cost of electricity is $1,700 per month compared with $2.25 per month in California, New York and Illinois.
The median household household income is $53,400 in those states, according the Census Bureau.
And for those who earn less, the median household bill is just $4,400.
“There’s a lot of folks who live in rural areas that are not getting that much of the savings,” said Mark Riggs, senior vice president of research at Zillotek.
“That’s really what drives this difference.”
If you live near a large metropolitan area, like New York City, you can save a lot more.
But you need to live in the city and spend at least $1 million per year to get there.
For that, you need a house that can run on just 50 percent of its power from solar panels.
If you buy a home with an average annual salary of $56,600, you could save $1.5 billion over your lifetime if you cut the cords.
You also might need to go beyond your annual energy consumption to pay your utility bills, because it’s not uncommon for people to buy solar panels that provide enough power to heat a room.
“People think they’re saving by having a solar system and they’re not,” Riggs said.
But the reality is that people pay the same price for electricity as they do for natural gas, and that means solar panels are only worth what the natural gas company charges for natural fuel.
In the meantime, if you want to save, you should take a look at a number of low-cost options, like the $500 solar panels from SolarCity.
They have a 10-year warranty and are available in all 50 states.
The company’s low-end products cost less than $300.
They come in a variety of sizes, from 12-foot-tall panels to 4-foot panels that sit on a kitchen countertop.
The price starts at $3 per month and goes up to $20 per month when you buy more than one unit.