Solar Panels: The Added Value
If you are thinking of installing a solar energy system to your home, you know can be a major decision and investment, and you may be wondering if it will make your home more valuable. To help you answer that question, here are several factors to consider.
Benefiting From The True Cost of Off Grid Solar Power
First, how is the awareness level in your area when it comes to the advantages and value of using solar power? If you reside in an area where many of people are interested and involved in the green living movement, potential buyers may be willing to pay a highter price for a home that already comes with a solar electric system. However, if your area has little eco-friendly involvement, for example there’s not much recycling or concern for environmental issues, buyers may be indifferent to the expense and effort that went into installing your solar panels.
But even in a community completed unconcerned about green living, most people can appreciate the idea of saving money. Does your home have a history of energy cost reduction over a number of years? If you can show a paper trail of your energy savings over time, you will be able to demonstrate how the solar panels you installed are a benefit to new owners. With the cost of heating and cooling as high as several hundred dollars a month for some families, savings on electricity becomes important.
Taking The Power Away From The Energy Company
But what if you’ve only had your solar panel system for a short time? How can you prove energy savings? Contact your power company and request a statistical projection of cost reduction over time. You can also get data from the company that put in your solar energy system. Many of the larger solar installation companies have marketing departments that gather that kind of data to show people how solar panels will generate energy savings for them.
Something else to consider is how popular solar power systems are in your housing market. If solar panels are common, your real estate agent will have statistical data showing the difference in selling prices between houses that have solar panels and those that use only a public utility service. If this kind of information is accessible in your market, you have the best possible evidence that can be shown to a potential buyer.
Try Using This Handyman’s Method And Save Even More Money On Power Costs with Off Grid Solar Power
Post a comment