Call (888) 338-0183 or click here for solar pricing


Solar Power and Clean Energy as an Investment

Do you think of your car as an investment? Can it provide you a rate of return? Unless it’s a classic/vintage or limited production car, a newly purchased car depreciates most of its value right when a consumer drives it off the dealership lot. Purchasing solar energy on the other hand is a smart investment, because the home or business you attach solar panels to increases in value significantly. Solar Energy adds more value than adding a new room or expanding a warehouse. Solar Energy adds a large boost to the value of your home or business because it helps reduce your net operating cost to run the household or business. Producing your own clean green energy is the best way a home or business can fix in their energy costs for the life of the system. Since Solar energy systems have no movable parts the lifetime of solar panels are more than 30 years.

The Appraisal Journal suggests that a home value increases by $20 for every $1 reduction in annual energy bills. For example, a solar energy system that saves a home owner $400 per year would add $8,000 to the value of the home. Solar Energy for a business can even add more value, depending on many factors, a business valuation professional can help a business entity figure out how much value a solar energy system would add to the business. In conclusion it makes total financial sense to go solar, even with an upfront cost because when a home or business is sold, the investment in a solar energy system provides a great return. In addition with this tough real estate market in the USA, realtors are reporting that homes with solar energy systems are in high demand, and these homes differentiate themselves in the real estate market.

Author: Deep Patel

Share This Post On

Submit a Comment

Your email address will not be published. Required fields are marked *

%d bloggers like this: