Categorized | Residential

Home Values Increase with Installation of Solar Panels

Please Share!

While their appearance may not be the most desirable, solar panels have actually been shown to increase a home’s value according to some recent studies. By installing solar panels on your home, you can expect to see a three to four percent gain on the value of your home.

The reason for the increase is simple. The solar panels will help cut electricity bills, thus saving money for the homeowner each month. They serve to provide investment value, as well as consumption value. The panels are extremely popular in neighborhoods that prefer green-branded products, and it is in these neighborhoods that the solar panels have the biggest impact on home values.

Solar panels are increasing in popularity due to their ability to help the environment. They have been found to reduce both greenhouse gases and air pollution. They also lower the use of natural gas when it comes to generating power. Energy use often peaks during the middle of the day, which is when rooftop solar panels are most effective.

While solar panels are quite costly, ranging from twenty to forty thousand dollars depending on the size that is installed, they have been found to increase home values by, at the very least, the same amount. If energy savings each month is factored in, then buying solar panels is a no brainer for most homeowners. Many installers of solar panels also offer monthly financing plans that could help offset the upfront cost that the homeowner would face. While solar panels are still more popular in some regions than others, there is a good chance that, with this news, they may soon be popping up more frequently in other areas.

Please Share!

About Josh Johnson

Josh is the main writer for the Residential category. He also helps out on other categories when needed, mainly the International section.

Leave a Reply

Twitter Chat