Raising the Value of a Home: Solar Does More than Reduce Bills

Wouldn’t it be nice to get your mail and find that there is a check from the power company instead of a bill? That is the experience that some Americans have on a monthly basis. Did you know that an average rooftop solar array could add up to $30,000 to the value of your home? It’s the device that keeps on giving although you may not be aware of the fact.

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Take Them or Leave Them?

If you install a set of solar panels on your rooftop and then decide you want to sell the home, you have one of two choices. You can either take the panels with you to install them onto your next home, or include them in the sale price. In today’s market, there are a lot of buyers that would easily jump on the chance to own a source of renewable energy.

The Allure of Solar Panels

FFor many potential buyers, any addition of solar panels can impact the asking price. Whether they are panels that are tied into the electrical system of the home or powering a hot water heater, many will have more interest in buying the house. Everyone wants to feel like they are doing something good for the planet while saving money on their own bills. In fact, according to the pros at HRS Roofing, “A drop of up to 30 percent in energy costs can be expected, so they are a worthy investment.” It is this drive that will help pique the interest of homes using panels for various purposes.

Anyone Can Use Them

Although a dilapidated home may see an exponential decrease in value due to the rough condition it’s in, a solar array on the rooftop could bring up that price. It’s not often that you see a house in rough condition with extravagances such as solar power, but it’s not impossible. Americans are looking for a way to save money. If that means that they have to move into a beaten-up trailer that doesn’t require a feed from the local power company, then many of them will buy that trailer.

It’s In the Look

For many people across the country, the mere sight of a home that supports a rooftop solar array instills a sense of an increased class status. Perhaps it is from the idea of the panels being so expensive or that the homeowner has a higher view of the world he or she lives in. Regardless of the mindset of the homeowner, many of those looking upon the array are drawn to wanting one of their own. If innovative developments continue to drive competition in the world of solar markets, it won’t be long until most people can afford to generate their own power.

Helping Fellow Humankind

Privately owned solar arrays that feed power back into the grid do more for the community than what some people may think. For every extra kilowatt that is provided to the power company, that is one less kilowatt that an oil or coal-fired power plant doesn’t have to compensate for. This is an exceptionally good idea for areas that experience brownouts because of increased consumption on the grid. Every time a new home is built, three to five kilowatt-hours of power are tapping the power lines.

The ramifications of using solar power can be felt by more than your monthly budget. There is so much that comes from using an array that most people really don’t consider on a regular basis. When you’re looking at buying your own solar panels, keep in mind the benefits for the community as well as the planet.

About the Author: Ken Myers is a father, husband, and entrepreneur. He has combined his passion for helping families find in-home care with his experience to build a business. Learn more about him by visiting @KenneyMyers on Twitter.

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