Converting your home to solar energy sounds like a great idea in theory. However, actually taking the plunge can be a little intimidating. After all, while the cost of going solar is way lower than it used to be, we’re still talking about a significant investment. You need to be certain it will pay off. That’s why, if you are serious about residential solar power, the first thing you need to do is get a free estimate and consultation from the experts at Understand Solar.
When most people think about investing in solar energy, the first thing that comes to mind is immediately reducing or even eliminating their electricity bill. And depending on where you live, it might be possible to eliminate your dependence on traditional energy. However, in most cases solar energy systems won’t make money right away, because any money you save on your electric bill will only offset the cost of financing your solar energy system. Where most people stand to make money by investing in solar energy is over the long term.
Though it all depends on where you live and how much sunlight your property gets, in general homes with solar energy systems sell faster and for higher prices than homes without solar energy systems. One recent study found that solar energy systems add about 4.1% to the value of the average home. Another study found that buyers are typically willing to pay $15,000 more for a home with solar energy. And another calculated that you gain about $5,911 in value for each kilowatt of solar energy installed.
These are all averages using data collected from different regions. The exact figures in your area will vary. But the story they tell is promising. When you factor in projected increases in electricity rates over 10 to 20 years, and all the money you’ll save on traditional energy, plus the value a solar energy system can add to your home, solar panels can be a very good long term investment. In fact, in some cases they may outperform traditional investment portfolios.
So how do you figure out what solar is worth to you? You contact the experts at Understand Solar, who will walk you through the entire process for free with absolutely no commitment required.
Understand Solar is a third party solar energy advocate that educates consumers, provides free personalized solar energy assessments, and puts them in touch with local installers. To get your free personalized solar energy assessment, all you have to do is fill out Understand Solar’s simple online form and provide a few details about your home. After that, an Understand Solar expert will contact you via phone and go over your assessment and any questions you may have. But absolutely no commitment is required.
Your free solar assessment may reveal that, for one reason or another, solar energy just isn’t right for you. Maybe your house doesn’t get enough direct sunlight, or maybe government regulations and energy rates in your area make a long term investment in solar energy unprofitable.
On the other hand, the average cost of installing solar energy systems has dropped a whopping 70 percent over the last decade. And research shows that today’s home buyers want and are willing to pay for energy independence. So it’s also quite possible you discover that solar energy would make an outstanding investment.
If you own your own home and are starting to plan for your financial future, don’t miss out on this opportunity to do something that’s good for the environment and your finances. Click here and get your free personalized solar assessment from Understand Solar today.
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