There are many reasons why homeowners go solar, but improving the environment and cutting energy costs are the most common. Many people are aware that solar is a great home efficiency upgrade and are eager to reduce their carbon footprint while also improving property value.
Whether you’re a homeowner, business, or nonprofit, electricity costs can make up a large portion of your monthly expenses. With photovoltaic solar panels, you’ll generate free power for your system’s entire 25+ year life-cycle. Even if you don’t produce 100 percent of the energy you consume, solar will reduce your utility bills and save you money.
Multiple studies have found that homes equipped with photovoltaic solar panels have higher property values and sell more quickly than non-solar homes. Appraisers are increasingly taking photovoltaic solar panels into consideration as they value homes at the time of a sale, and as home-buyers become more educated about photovoltaic solar, demand for properties equipped with photovoltaic solar panels will continue to grow.