Do Solar Panels Increase Your Home’s Value?
Are you looking to save money on your utility bills and increase the value of your home at the same time? Investing in solar energy may be the perfect solution for you. Solar panels are becoming increasingly popular, but many people wonder if they are worth it and whether they will increase the value of their home.
According to a study by Lawrence Berkeley National Laboratory (LBNL), homes with solar panels sell for an average of 4.1% more than those without. This means that if a home is valued at $200,000, installing solar could add up to $8,200 in added value.
What Are The Factors Influencing Solar’s Added Value?
The amount of added value that solar panels can offer varies from state to state and region to region. Factors such as local incentives, climate conditions, and electricity prices all play a role in determining the return on investment for homeowners who install solar panels. For example, states with higher electricity prices tend to provide higher returns on investment since homeowners are already paying more for electricity each month. Additionally, states that offer additional incentives such as tax credits or rebates can also offer increased returns on investment.
How To Get More Home Value From Solar?
There are other ways you can maximize the benefit of investing in solar energy for your home’s value:
- Choose an experienced installer: Choosing an experienced installer is essential when it comes to getting the most out of a solar installation project. A good installer will know how to properly size a system, assess roof angles and orientation, as well as correctly install components like inverters and racking systems.
- Take advantage of financing options: There are many financing options available for those interested in installing solar panels for their homes. Financing options such as leases or power purchase agreements allow homeowners to pay only for what they use without having to pay upfront costs.
- Choose high quality materials: Infinity Energy only sources panels and inverters from the leading manufacturers in the world.
How Infinity Energy Help You To Increase Your Home Value?
At Infinity Energy we understand how important it is for homeowners to get the most out of their investment when it comes to installing solar energy solutions for their homes. We have experience working with all types of projects from small residential installations up through larger commercial projects so our team understands what kind of technologies are best suited for various projects and climates across New York, New Jersey and Connecticut. Our team has extensive experience designing systems that maximize available sunlight and our customer service team works hard to make sure that customers get all available incentives so they can maximize their return on investment while reducing their monthly utility bills at the same time!
Contact Infinity Energy Today!
To learn more about Infinity Energy’s solar panel installation services, feel free to contact us at (845) 250-3737 or visit https://justgo.solar/.
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