Many people are considering adding solar energy to their roofs to increase the value of their homes.
And with a renewed focus on climate control and the many tax benefits that come with it, going green has never looked better.
But is the reward really worth the home solar installation costs?
As it turns out, adding solar energy to your home is a great way to add value to your home, especially if you’re thinking of selling your home within the next several years. And in the meantime, you can save money on low energy costs and qualify for tax incentives.
We know there are plenty of other ways to increase your home’s value. Updating your kitchen or adding new flooring is always a plus for potential homebuyers. But few home improvement updates provide monetary rewards that you can enjoy right away. Why not enjoy your investment in the meantime?
Here’s how solar energy can save you money in the short term, the long term, and how solar panels can increase the value of your home.
Solar panels decrease the overall cost of utilities.
If you’re using solar power as the primary energy source in your home, your overall utilities will be far less throughout the year. This is because solar energy has the most affordable energy rates on the market. Potential homebuyers are always looking for ways to save money when it comes to a new investment. And when they see your home will save them money every month with solar energy, they’re more likely to pick your house over another option.
Solar energy saves the planet.
We’re all aware that climate change is affecting our environment. And many people want to do whatever they can to reduce their carbon footprint. Installing solar energy in your home will help cut back on harmful carbon emissions and showcase your house as an eco-friendly option. While this feature may not be necessary for everyone, more and more people keep this in mind as they look at potential homes.
Homes with solar panels typically sell more quickly and at or over asking price.
Studies show that potential buyers are willing to invest more quickly in a solar-powered home. Houses with solar panels typically sell 20% faster than homes with more traditional energy sources. They also usually sell either at or above the asking price. This is because buyers know they will save money every month on utilities. And when they know they’ll be able to save money with solar energy throughout the year, they’ll be willing to invest more money upfront.
While there are costs involved with switching to solar, the benefits far outweigh the price. You’ll save money every month on utilities while you’re living in the home, and you’ll be able to apply for federal and state tax benefits to help cover installation costs. It’s an investment well worth the time and energy.
And here at Star Enrg, we’re committed to providing you with the best solar plan possible. Our skilled team will answer your questions and set up a seamless installation so you can start to reap the benefits of solar energy right away.
Curious how much you might save with solar panels? Contact us today!