If you have been considering going solar but were hesitant to get started, there are many reasons why it could be one of the best choices you can make for your home. Solar power is quickly being adopted by many homeowners and businesses in the United States and around the world. However the upfront investment has many people holding back. Understanding why going solar is great for your home can help you make the best possible choice.
Increasing your home’s value
One of the reasons that solar power is excellent for your home is that it can increase your home’s overall value. According to different studies that were performed by Lawrence Berkeley National Laboratory, the addition of a solar system can increase the value of a home by $5.50 per watt. In some areas, that amount can go as high as $6.40 per watt. This means that a solar system with 3.1k watts could increase the resale value of a home by as much as $17,000. Whether you are planning to sell in the future or you may need to refinance, the installation of solar panels can provide the price increase that can benefit your home’s value.
Selling your home is easier
Unless you plan to remain in your home until retirement, you may want to consider how installing solar panels can help to sell your home faster. Many buyers are attracted to homes that have energy efficient features. Since this is still an unusual characteristic of a traditional home, the presence of solar panels will make your home seem even that more desirable. In fact according to studies, homes that have solar panels are able to sell up to 15% faster than traditional homes without solar panels.
Better for your home & the environment
Implementing solar power benefits your home by allowing you to save on energy costs throughout the year. As an added benefit, you are also doing what’s best for the environment. With the implementation of solar power, you can reduce your carbon footprint substantially. According to studies, Americans emit more than 7.4 tons of carbon dioxide as a result of standard electrical usage. Solar power can help you avoid reliance on external sources of electricity while also helping the earth.
Lower Monthly Electric Bills
There are many advantages to using solar power in your home. The most important for most consumers is lower energy costs. Contact our solar panel installers for more information about getting started today!