Solar for Homeowners, expect an increase!
We provide solar for homeowners just like you in Northern Virginia, and surrounding areas? Clever homeowners, potential buyers, and appraisers know that solar panels and battery storage can increase your home’s value on the real estate market. Get a quote.
Specific numbers vary between each installation and property. Yet recent studies show an average increase in resale value between $4,020 and $5,911 for each 1 kilowatt of solar panels installed.
At $4,020 per kilowatt, a 5 kilowatt home solar panel installation would add an average of $20,100 to the market value of a mid-sized U.S. home. Or in California at $5,911 per kilowatt, a small 3.1 kilowatt system would add an average of $18,324 to the value of a mid-sized home. That’s an appreciable amount that homebuyers are willing to pay. And, a solar home’s selling price is typically 3.74% higher or more than comparable properties without solar panels.
Because the price of an average roof home solar installation and battery is generally recouped in the home’s sale price. Plus, households purchasing solar are rewarded with lower energy bills and healthy tax incentives that can cover the system’s costs multiple times over the life of its warranty.
Installing solar panels on home not only helps to reduce current monthly utility bills; it can potentially increase the home’s value by up to 4.1% more than comparable homes with no solar panels, according to recent solar research done by Zillow — or an additional $9,274 for the median-valued home in the U.S. Learn More about Solar
How do you really save with solar?
Saving is Easier With Solar Smith Panels Learn More
You can save more money with better solar, and you can save more than just money with Solar Smith Pros. Save time, save fossil fuels, save yourself the hassle of grid outages—with Solar Smith solar + storage you don’t have to choose.
Buyers Will Appreciate Solar’s Added Value
Buyers consider monthly electric bills when purchasing a home. So when assessing the long-term financial value, they’re increasingly open to the premium of a solar-ready home. With lower monthly electricity bills and tax incentives for new installations, homeowners can realistically anticipate not only recovering their initial investment but also gaining a handsome return on their investment. If you purchase a solar energy system, you can expect to add a sizable percentage to your property value. It’s the smart, sustainable energy solution and is encouraging more Americans are searching for solar companies near me every day.
In addition to increased property values over comparable non-solar homes in their community, homeowners purchasing solar systems are realizing many financial benefits including:
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The easiest way to figure it out is by looking at your energy bill. The average American family spends nearly $1,500 a year on electricity costs from fossil fuel sources.