Solar panels are becoming more sought-after as homeowners across the country discover the many benefits, both financial and environmental. If you’ve been curious about the economic benefits of solar energy and you’re considering installing a home solar system in NJ, our team can help you understand your options and get you started on your solar journey. Let’s take a closer look at exactly how solar can increase the value of your property, and how to maximize the benefits solar panels can bring:
How Solar Panels Increases Your Property Value
The latest research indicates that properties with rooftop solar panels sell for approximately 4% more than properties without them. Solar panels are also extremely low-maintenance which is attractive to potential buyers, and most solar panels are very durable and have a very long lifespan of 25 years (sometimes more)! From this, we can conclude having a durable, low-maintenance solar system is a positive when valuing your property.
The ROI of Installing Solar Panels and Property Value
Installation is the largest upfront cost involved with getting a solar system. Fortunately, the federal government has a solar tax credit for homeowners that can help mitigate the costs. This means that taking advantage of the tax credit combined with the fact that you’ll soon be enjoying lower energy bills ensures you will be able to recoup any installation costs sooner rather than later. Plus, your property value increases from the moment you install your home solar system.
How to Maximize the Property Value Benefits of Solar Panels
- Install your solar panels on the roof if possible. Rooftop solar systems, instead of ground-based systems, are viewed as the most desirable by potential buyers, so if your roof is able to support solar panels, we recommend a rooftop unit.
- Keep your solar panels well maintained. As mentioned above solar panels are very low maintenance, but that doesn’t mean you can install and then forget about them. Ask your solar installer about a regular maintenance plan, so they can ensure the panels are kept in top condition.
- Invest in high-quality solar panels. Now that solar panels are more mainstream, the market is flooded with solar systems of varying quality. It’s essential to invest in durable, well-made panels.
More About Green House Solar Panels in NJ
Whether you’re ready to install a home solar system or you still have some questions, our team of experts can discuss your options, including financing, and help you get started on your solar journey. We offer industry-leading solar panels (SUNPOWER®) that are designed to stand the test of time and endure all different weather conditions.
For more information about how solar panels can increase your property value, or if you would like more information about installation costs, please contact our team at Green House Solar today or visit us at: https://greenhouse.solar/