Have you ever heard of a Net-Zero home? This is actually something that more and more homeowners are slowly wanting to work towards. It means using as little power, gas, or water as possible for your home. The whole point is not only to save money on your home but it’s also to try to keep it as eco-friendly as possible. You can find about it being “carbon neutral” in a way. But one way that so many homeowners are trying to do that would be through the power of solar energy.
Solar energy has been becoming more prevalent over the years, as it’s something that’s creeping up a lot. It’s easy to see why homeowners want to put an investment in where they feel guaranteed to have some sort of comfort financially if possible. So, are solar panels an investment that you should look into? Keep reading on to learn more about it!
Helps Lower Utility Bills
As mentioned above, the main reason why homeowners are willing to invest a large amount of money into solar panels would be the fact that it’s going to eventually even out and pay for itself with the amount of electricity you’ll be using less. Think about it, if you’re spending hundreds a month of power with the help of solar panels, it’s going to eventually drop to where you’ll be paying very little.
A solar energy system typically generates more electricity than a home can consume at any given time. In states with net metering, the excess power is sent back to the utility grid in exchange for bill credits, which reduces your monthly electric bill. The amount of money you save depends on your electricity rates and the size of your solar system. In general, homeowners in states with higher electricity rates save the most. Just be sure to look into solar panel cleaning, as this is going to help ensure that all of your solar panels can absorb as much light as possible.
Increase Home Value
When it comes to making changes to the home, you need to think about them all as an investment. After all, your house will most likely be one of the biggest investments you’re ever going to make, so you need to make sure that this is something that’s going to be completely worth it in the end. Home buyers are constantly looking into homes that have a good energy label. They want a home that can be considered energy efficient and eco-friendly. So by having a house that’s like that, you’re instantly boosting the value, but you’re going to be luring more homebuyers as well.
However, it’s safe to say that the initial investment in solar panels can deter people away. A residential solar power system comes with a hefty upfront cost, but it can help you save on energy bills for years to come. Additionally, it can increase your home’s resale value. In fact, homes with solar panels sell 20% faster and for 17% more than comparable homes. That’s honestly a pretty large percentage that you don’t want to skip out on whatsoever.