Will solar increase my homes value?

Will solar increase my home value?

As more homeowners are embracing solar energy, one question often arises: does installing solar panels really increase the value of your home? The answer is a resounding yes. Let's dive into the real data and facts that support the notion that going solar can significantly boost your home's market value.

The Data Speaks for Itself:

A study by the U.S. Department of Energy's Lawrence Berkeley National Laboratory found that homes with solar panels tend to sell for higher prices than those without. On average, solar-equipped homes sold for nearly $15,000 more than their non-solar counterparts.

Increased Property Value:

Solar-powered homes also tend to sell faster. The same study revealed that solar homes spent 20% less time on the market compared to non-solar homes. This quick turnaround is a testament to the appeal of solar energy to prospective buyers.

2. Faster Sales:

A report by Zillow indicates that homes mentioning solar power in their listings sold for 4.1% more than similar homes without solar features. This premium can equate to a substantial financial benefit for sellers.

3. Premium Realized:

Additional Factors:

1. Energy Savings: Solar panels offer immediate energy cost savings, making the home more attractive to potential buyers. The prospect of reduced utility bills is a strong selling point.

2. Environmental Appeal: Many home buyers are environmentally conscious. A solar-powered home not only reduces energy costs but also lowers carbon emissions, contributing to a greener planet.

3. Increased Appraisal Value: Solar installations are now being recognized by appraisers as features that can add value to a property. This makes it easier for buyers to secure financing for a solar-equipped home.

Solar panels are an investment that keeps giving back to homeowners. Beyond the initial increase in property value, solar installations continue to provide energy savings over the years. This combination of financial and environmental benefits is making solar power an increasingly attractive option for homeowners.

If you're looking to boost your home's value and reap the rewards of solar energy, SunElectric is here to help. Our team can guide you through the process of adding solar to your home, providing you with the expertise and solutions you need to increase both your property's value and your quality of life.

SEE MY POTENTIAL HOME VALUE

What are the benefits of financing my solar and battery system?

There are many great reasons to invest in solar energy and battery storage for your home. Still, the upfront costs associated with a solar installation can be out of reach for many homeowners. The good news is that various solar financing options are available, designed to match your budget and lifestyle, and can quickly make solar energy available to your home. Whether you go with a solar lease, a power purchase agreement (PPA), a retail installment contract (RIC), or a solar loan, these financing options allow you to pay off the installation cost over a set period of time.
Does financing my system make it easier to go solar?

Solar panels and other clean energy upgrades like battery storage make for a much cleaner power source- with zero carbon emissions. Still, financial limitations make owning a solar system far from a reality for many homeowners. Thankfully, this doesn't need to include you. We design our financing options with competitive rates and tailored plans to make solar panels and battery storage more accessible to homeowners nationwide.
Does financing my system make it easier to go solar?

Solar panels and other clean energy upgrades like battery storage make for a much cleaner power source- with zero carbon emissions. Still, financial limitations make owning a solar system far from a reality for many homeowners. Thankfully, this doesn't need to include you. We design our financing options with competitive rates and tailored plans to make solar panels and battery storage more accessible to homeowners nationwide.
How can I be sure solar panels are right for my home?

A house's solar readiness can depend on several things, including roof shading, the age and angle of your roof, and other considerations. The solar proposal process we offer will take into account your unique situation, so you will know before even thinking about financing if solar panels and or battery storage is a good fit for your home.
How many solar panels will my house need?

Knowing how many solar panels to put on your roof is no cookie-cutter formula. Fortunately, SunElectric’s software is one of the industry’s most accurate and advanced tools for solar system design. Our SunElectric slolar contractors have the technical skills to evaluate your home and property to develop a proposal with the optimal number of solar panels for your energy needs.