2. Increase Your Home’s Value
By making the switch to a solar energy system, you may also be increasing your home’s value.
In fact, when analyzing homebuying trends from March 2018 to February 2019, Zillow found that homes with solar panels sold for 4.1% more than homes without them. Another 2015 study conducted by researchers at the Lawrence Berkley National Laboratory found that solar PV energy systems increased the value of a home by about $15,000.
Homes with solar panels aren’t just valued in sunnier states either. Going back to Zillow’s findings, we learn that in New York solar energy systems sold for 5.4% more, adding an extra $23,989 in home value.
Increasingly, using solar energy to power your home could make a significant long term financial investment.
3. Take Advantage Of Incentives For Renewable Energy Sources
While we’ve considered what you…
Benefits Of Solar Energy | Quicken Loans
