According to a recent report, solar-powered homes receive a 4% rise in property value. Additionally, it implies that the typical home costs $269,039 in America. If the statistics are correct, you may anticipate an average rise in your property’s worth of $10,762. 

Given that the average cost of a conventional 6 kW solar system in America is $13,500 after subsidies, you effectively receive 80% of your investment back immediately. 

Why is solar energy so valuable? 

This is because any subsequent owners of your property won’t have any or minimal energy usage expenses. 

There is one crucial thing to keep in mind, though: If you own your solar panel installation, the advantages to your home value will be much more significant. This entails buying your solar system entirely, whether you do it with cash or a loan. Transferring the ownership of a solar lease or PPA (power purchase agreement) might be a significant issue when selling your house. 

Furthermore, solar leasing and PPAs often result in lower long-term savings compared to owning your panels. 

The advantage of your solar system goes beyond merely lower utility costs. Your system’s ability to produce energy will aid in the effort to combat global warming and advance a greener, more sustainable future for everybody. 

You’ll significantly reduce your carbon impact. 

Solar energy has a shallow carbon footprint, especially compared to the alternatives. 

Coal-powered facilities are thought to emit 2.2 pounds of carbon dioxide for every kilowatt hour of energy generated, compared to 0.88 pounds for gas-powered plants. Solar panels would better serve the environment, which is expected to create just 0.047 to 0.088 pounds per kWh. A great post from Solar Bay goes into more detail about this information. 

Solar panels’ little impact on the environment results from how they are made. Additionally, even if some pollution is produced during the production of solar panels, studies found that the environmental impact of solar (as well as wind and nuclear) energy is “deficient” compared to energy derived from fossil fuels. 

The simple fact is that switching to solar energy has many positive effects, not just on your budget but also on the environment and your carbon footprint. If you haven’t made the switch yet, enter your zip code here to get a free estimate of what a solar system will cost in your neighborhood.

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