Since electricity rates are constantly on the rise, solar power is becoming more and more attractive to those in the market for a new home. Nowadays, potential home buyers are interested not only in the cost of the home, but also in the cost of operating the home. As a result, many new homes list a solar power system as an option or even a standard.
As was mentioned in last month’s newsletter, “91% of Californians see energy efficiency as an important factor when considering the purchase of a new home.” As Californians continue their demand for energy independence and more renewable energy options, solar is projected to soon become the norm.
Installing solar will increase the value of your home without increasing your property taxes. General home improvements, such as bathroom remodels or deck/pool installation, are mostly cosmetic and will not give you annually increasing benefits. Hopefully, you will realize the costs associated with such upgrades when you sell your home.
But with solar, you don’t have to wait to start benefiting from your investment. You can start saving money as soon as it’s installed. Through net-metering, your solar power system can earn you energy credits to draw on during cloudy weather. And when your system is producing more energy than you can use, your utility meter will actually spin backwards, greatly reducing or even eliminating your utility bill.
Renewable energy sources are always a guaranteed investment – they aren’t going to run out! If you’d like to find out how solar could work for you, please contact us to set up a Free Site Analysis of your home.