Want to do something good for the planet that also adds value to your home? If so, you need to think about making the switch to solar power. The cost of installing solar energy systems has never been lower, and the potential return on your investment has never been higher. And while the process of making the switch the switch to solar can be pretty complicated, thanks to the solar experts at Understand Solar, you don’t have to go through it alone.
Understand Solar is a third party solar advocate. They don’t sell solar panels, and they don’t install them. What they do is provide free personalized solar energy assessments, educate consumers, and put them in touch with local installers.
To get your free personalized solar assessment, all you have to do is fill out their 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 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. Maybe the regulations and energy rates in your area make it unprofitable.
Then again, you may learn that solar panels would make an outstanding investment.
The average cost of installing solar energy systems has dropped a whopping 70 percent over the last decade. And obviously, as the startup costs have gone down, solar power has become much better long-term investment.
Of course, the first thing most people think about when they consider solar is reducing their electricity bill. And it’s true that in some cases you can nearly eliminate your dependence on traditional energy. However, those savings are often offset by the cost of installing the system, especially when you do long-term financing. And that’s not a bad thing. You’re still reducing your carbon footprint. But where you really stand to make money from an investment in solar energy is over the long term.
Over the last few years we have started to get a much clearer picture of the value solar energy systems can add to a home. Though it all depends on where you live and how much sunlight your property gets, generally speaking, homes with solar sell faster and for higher prices than homes without. One recent study found that solar energy systems add about 4.1 percent 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 yet another concluded that you gain about $5,911 in value for each kilowatt of solar energy installed.
Again, these are all averages, and the exact figures in your area will vary. But in general, 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 solar can add to your home, solar panels can be a very good long-term investment. It’s even possible that an investment in solar energy could outperform traditional investment portfolios over the course of 15-to-20 years.
If all that sounds complicated, that’s because it is. That’s why, if you’re thinking about going solar, you need to start by contacting Understand Solar for your free personalized assessment. You’ve got absolutely nothing to lose, but potentially a lot to gain.
Futurism fans: To create this content, a non-editorial team worked with an affiliate partner. We may collect a small commission on items purchased through this page. This post does not necessarily reflect the views or the endorsement of the Futurism.com editorial staff.
Share This Article