The amount of electricity you generate from solar panels is dependent on how many panels you install and the efficiency of these panels. You will need to do a little math to calculate the number of panels you will need. Higher-efficiency panels are often your best bet cost-wise.
Understand the limitations of solar water heating. The best systems are one third more economical when compared to energy efficient electric water heaters. Don't assume that early morning showers involve only cold water. The water in the tank should stay hot for at least 24 hours.
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If you invest in a large solar energy system, you could actually make money off of it. If you can pull enough solar power with a collection of solar panels, you may be able to sell your excess electricity to neighbors or even the power company. Contact your local company to see if this could work for you.