Benefits Of Having Solar Panels On Your Home

This consumer reality and the undeniable benefits of having solar panels on a home complements recent studies that found property values increase after solar is installed.

Benefits of having solar panels on your home.

Solar improves the value of your home. Essentially this means a solar home isn t as dependent on the traditional electric grid. Having solar panels allows homeowners to create their own energy thereby giving them energy independence. This allows you to take power into your own hands and control where your home is getting its energy from.

One study by lawrence berkeley national laboratory showed that on average solar increased the value of a home by about 15 000. In fact studies have shown that homes with solar panels sell 20 faster and for 17 more money. 2 solar can earn you money. Taxpayers could potentially claim 30 percent of installation costs with benefits that vary by.

Leasing solar panels on the other hand can actually make it much harder to sell your home to potential buyers without adding much value at all to your home. Homeowners are interested in solar panels but haven t taken the time to figure out what it takes to install them. In fact there are already more than 1 million homeowners in america utilizing residential solar panels. Recent reports indicate that homebuyers are willing to pay a premium for homes that have already installed solar panels that means if you install rooftop panels on your house now and decide to sell in a few years your home could see an increase of up to 22 000.

Benefits of solar power. The ability to harness the sun s energy to power our homes is a relatively new development in human history. Studies show that homeowners pay a premium for a solar home. While the use of clean solar energy to power our homes is relatively new in america it is already providing enormous benefits for those who are willing to invest in their future.

Owning solar panels increases the value of your home. A recent study found that solar panels are viewed as upgrades just like a renovated kitchen or a finished basement and home buyers across the country have been willing to pay a premium of about 15 000 for a home with an average sized solar array. Additionally there is. One of the most clear cut benefits of solar panels is the ability to hedge utility prices.

Selling your home. In the past ten years residential electricity prices have gone up by an average of three percent annually. Better for the environment. By investing in a solar energy system now you can fix your electricity rate and protect against unpredictable increases in electricity costs.

Buying a solar energy system will likely increase your home s value. Solar electricity is one way to power your home or business that benefits the environment.