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When you were a kid, you probably thought we’d be living in a futuristic utopia powered entirely by solar energy. After all, sunlight is free, and using it doesn’t spew harmful toxins into the atmosphere. Unfortunately, fossil fuels have been a very hard habit to kick. But over the last decade, things have finally started to change. Today, the cost of installing solar energy systems has never been lower, while the potential return on solar investments has never been higher. In other words, the future has finally arrived. And if you’re asking yourself “is solar worth it?” for your home, the first thing you’ll want to do is contact the solar power experts at Understand Solar for a free personalized estimate.
Understand Solar doesn’t sell anything. They are a third party solar energy advocate that provides free personalized solar energy assessments, and puts consumers in touch with local installers. To get your free personalized solar energy assessment, all you have to do is fill out Understand Solar’s simple online form and provide a few details about your home. After that, an Understand Solar expert will contact you via phone and go over your assessment to answer any questions you may have. But absolutely no commitment is required.
It is possible that your free solar assessment will reveal that, for one reason or another, solar energy just isn’t right for you. Maybe it’s because your house doesn’t get enough direct sunlight, or because government regulations and energy rates in your area make an investment in solar energy unprofitable. However, with the average cost of installing solar energy systems dropping 70 percent over the 10 years, your assessment may reveal that going solar makes so much sense, you’d almost be losing money by not making the switch.
So, is solar worth it?
When most people think about investing in solar energy, the first thing that comes to mind is reducing or even eliminating their electricity bill. However, in most cases the money you save on electric bills is offset by the cost of financing your solar energy system. Where you really stand to make money on is on the long term value solar adds to your home.
Ultimately the exact value of a solar energy system depends on where you live and how much sunlight your property gets. However, generally speaking, homes with solar energy systems sell faster and for higher prices than homes without. One recent study found that solar energy systems add about 4.1 percent to the value of the average home. Another study found that buyers are typically willing to pay $15,000 more for a home with solar energy. And yet another concluded that you gain about $6,000 in value for each kilowatt of solar energy installed.
Again, these are all averages based on data collected around the country. The exact figures in your area will vary. But in many cases, when you factor in projected increases in electricity rates over 10-to-20 years, as well as the money you’ll save on traditional energy, plus the value a solar energy system can add to your home, solar panels can be a great long-term investment. In fact, it’s even possible that an investment in solar energy could outperform traditional investment portfolios over the course of 15-to-20 years.
If all that sounds complicated, that’s because it is complicated. Most decent investments are. However, you don’t have to figure this one out on your own. The experts at Understand Solar will walk you through the entire process for free with no commitment required.
So i you own your own home and you’re looking for new ways to save money and invest in your future, it’s time you took a good long look at solar energy. Click here to get your free personalized solar assessment from Understand Solar, today.