Benefits Of Having Solar Panels On Your Home

Solar electricity is one way to power your home or business that benefits the environment.

Benefits of having solar panels on your home.

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. 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. Homeowners are interested in solar panels but haven t taken the time to figure out what it takes to install them. Taxpayers could potentially claim 30 percent of installation costs with benefits that vary by.

Buying a solar energy system will likely increase your home s value. Federal and state tax benefits are available when you install solar panels in your home or business. Having solar panels allows homeowners to create their own energy thereby giving them energy independence. In fact there are already more than 1 million homeowners in america utilizing residential solar panels.

Selling your home. Additionally there is. Solar improves the value of your home. One of the most clear cut benefits of solar panels is the ability to hedge utility prices.

In the past ten years residential electricity prices have gone up by an average of three percent annually. One study by lawrence berkeley national laboratory showed that on average solar increased the value of a home by about 15 000. Essentially this means a solar home isn t as dependent on the traditional electric grid. In fact studies have shown that homes with solar panels sell 20 faster and for 17 more money.

This allows you to take power into your own hands and control where your home is getting its energy from. Benefits of solar power. By investing in a solar energy system now you can fix your electricity rate and protect against unpredictable increases in electricity costs. 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.

Solar panels are viewed as upgrades like a renovated kitchen or a finished basement so purchasing a solar energy system will likely increase your home s value. 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. Studies show that homeowners pay a premium for a solar home. Owning solar panels increases the value of your home.

Our sunburnt country is the perfect place for solar power and there are many benefits of going solar. 2 solar can earn you money.