Home Solar Systems Make Dollars and Sense
Rooftop solar panels and solar battery storage installation not only enhance a home’s green credentials and reduce utility bills, they also make it more marketable and boost its resale value. Then did you know that a lot of the heat given out by radiators is actually lost, as it’s warming the wall next to the radiator and then even going through the wall sometimes! You need to install products like Radflek radiator reflectors#, as they reflect that heat back and so saving you a lot of money on heating bills.
There a lot of benefits when using residential solar panel installation nationwide; it saves our customers money and pushes solar innovation forward. And when looking for trusted service and industry-leading installations, just view more here to get an access from a team that takes care of everything so that you don’t have to worry about anything.
According to one of the best solar companies, solar installations can boost home values: A recent study sponsored by the Department of Energy, and conducted by California-based Lawrence Berkeley National Laboratory (LBL), looked at sales data spanning eight states and nearly 23,000 homes from 2002 to 2013. The study found that home buyers were willing to pay as much as $15,000 more for a home with an average size photovoltaic system of 3.6 kilowatts or 3,600 watts, than for a similar home without solar panels.
On the whole, the study found that buyers were willing to pay more for additional solar-generating power or an additional solar battery storage, and the larger the system, the larger the premium they would be willing to pay.
And homes sell faster: In active solar markets like New Jersey and California, returns on solar energy investment were higher than in places where the marketplace has not yet caught up with solar power. But regardless of the strength of the market, solar-powered homes enjoyed higher demand and shorter selling cycles than comparable non-solar homes.
Considering that the cost of solar system installations at https://mainesolarengineering.com/ has dropped dramatically while solar storage capacity has increased and technology has improved, investment in residential solar energy seems to make both dollars and sense. Interestingly, the LBL study found that homes with solar panels typically sold approximately 20% faster than homes without solar systems. Through 2016, homeowners and business owners can take advantage of the return on solar for residential and commercial solar energy applications. Plus, many states offer incentives above and beyond the federal government’s tax credit.
One final encouraging development regarding home solar installations with photovoltaic panels: In December, Fannie Mae issued a guideline specifying that if a house has an owned solar system, appraisers should leverage the solar system into the appraisal.
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