Why Do Homeowners Choose To Go Solar?
ENERGY INDEPENDENCE! Well, this is a pretty easy question to answer. There a few reasons why homeowners go solar. Most important reason homeowners go solar is to establish an energy independence. 15 years ago average homeowners utility bill was $15, today that average is $250. As of now you only had one option to power your home, and it was to rent your electricity from your utility company. Worse, every time utility decides to increase electricity rates, all you could do is to pay more money. Now you have a second option, it is called “Energy Independence Option”, install solar panels system and stop renting your electricity and start producing your own! More important, never ever see an increased rate on the electric bill, most important, once your solar panels system is paid for using other people money, there is no payment of any kind forever!!! Every month, the money you normally would spend to power your home becomes a PROFIT!
Increased Home Equity
Yes, that’s right, solar panels system increase home equity. In a state like California, for example, a small 3.1-kilowatt (kW) system can add an average of $18,324 to the value of a medium-sized home. The property value advantages of solar energy only increase as you scale up. Installing 5kW of solar panels adds an average of $29,555 to the retail value of a medium-sized home. Installing solar panels can significantly increase your property’s value, according to a new study from the Lawrence Berkeley National Lab (LBL). The report, titled “Selling into the sun: Price premium analysis of a multi-state dataset of solar homes“