Solar Power and Clean Energy as an Investment
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.