Adding Solar Panel To Home

Solar panel systems can be an excellent investment reducing your electricity bill while increasing the value of your home.

Adding solar panel to home. Ads by ad practitioners. You ve expanded your home. Adding solar panels to your home can bring a 26 tax credit. Adding more solar panels can minimize the financial sting of your home expansion.

Begin with a free in home consultation with one of our professional consultants who can help you determine your needs and plan your project. If you ve gone solar you ve already decreased or possibly eliminated your electricity bill. They of course can increase your home s value and your overall satisfaction with your home. A recent study found that solar panels are viewed as upgrades just like a renovated kitchen or a finished basement and home buyers across the country have been willing to pay a premium of about 15 000 for a home with an average sized solar array.

Your solar panel system could be undersized to begin with or you might have increased your electricity usage since installation due to new additions to your house new appliances or adding an electric vehicle ev purchase. Buying a solar energy system will likely increase your home s value. Protecting that investment with the proper homeowners insurance can help ensure you re covered if the unexpected happens. Adding solar to your home doesn t require a huge renovation budget and the home depot also offers a wide range of solar products and services designed to fit any home and budget.

The panels can be mounted flat or at a raised angle for greater efficiency. But you may want to add more solar panels to your existing system. Glink and samuel j. Tamkin of the washington post if lots of homes in your area have solar panels and buyers are learning to expect them adding them might give you something extra to promote your home when it comes time to sell.

As much as we d love it most home improvement projects don t provide any tax benefits. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study. Place the solar panels onto the rails and fasten together into the desired array. However if few homes have solar panels and buyers tend not to pay for the investment you might not get back the money you put into the panels.

You d have to plant 88 trees every year to offset that amount of. If you add an extra room or two to your home or refinish a basement or garage your electricity bill is likely to increase as well.