While there are a lot of renovations that can add value to your home, you may not have thought about the addition of solar panels being one of them. However, converting your home to solar energy will not only bring you substantial long-term cost savings, it can also put a lot more money in your bank account when it comes time to sell your house. Global Efficient Energy can outfit you with a solar power system that will meet your energy needs now and in the future, and will also help you reap other significant benefits.
How Much are We Talking About Here?
According to the Lawrence Berkeley National Laboratory (LBNL), for each kilowatt (kW) of energy generated by solar panels, the value of a home can increase by more than $5,900. Seeing how homes in Texas can generate anywhere from 2 to 5 kW of electricity, you can see how the dollars can quickly add up.
Even though solar power has been around for decades, real estate appraisers are still trying to figure out the best ways to assign value to solar power systems. As their processes become more refined, it’s very possible that values will continue to increase as the years go by. In addition, solar technology continues to advance, resulting in lower prices. This will increase return on investment even more.
If you are interested in having solar panels installed on your home, the experts with Global Efficient Energy are ready to help. Contact us online or give us a call at 1-888-826-7881 to learn more.