Monday, May 18, 2015

Solar Panels: A Worthwhile Home Investment

Solar power can help virtually anyone save money on monthly electricity bills. Although this is incentive enough for many, the addition of panels could add more value to your California home over the course of time. Solar companies in Sacramento can assist in making the investment more lucrative.

Credits and Subsidiaries in Sacramento

Many subsidiaries and tax credits can help homeowners reduce the overall expense of installing solar panels. Often, these will return anywhere from 30 to 50 percent of the cost of panels and equipment installed. For example, these discounts can turn a $35,000 installation from solar companies into a $20,000 investment.

Energy Savings Over Time

While you're in the home, your electricity bills are decreased by the installation of solar panels. If you remain in the home for an extended amount of time, it's feasible that you could save as much money in electricity as you spent on the panel installation. For instance, many people in California could save more than $34,000 over the course of 20 years.

Improving Property Value

In recent studies, it's shown that homes with panels installed increase in value by more than $20,000. Not only will you get more money from your home when you sell, but you'll benefit from lowered electricity bills as well. Do what you can to make your Sacramento home more self-sustaining and reap the rewards before and after you sell.

1 comment:

  1. Good read. One of the most obvious reasons to invest in solar power is because it’s a renewable energy source. This means that we’re able to continually harvest the energy from the sun. Forever.
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