The number of Americans turning to solar panels has risen sharply over the last several years. There are many reasons more and more are choosing solar panels, but one of the main reasons is just how much money new homeowners save through green energy solutions.
While the savings vary (based on numerous factors we will cover later in this post) new homeowners can expect to save up to tens of thousands of dollars throughout their solar panels’ lifetime. Here’s why more first-time homeowners are increasingly selecting solar panels.
Upfront costs, long-term savings
Like all other components of building a home, solar panels do cost money upfront. Depending on your home’s size and other factors, your total cost will vary from other homeowners'. We can help you better understand your needs with a free consultation and give you a clearer idea of what you can expect based on your unique needs.
Your solar panel system’s cost is mostly based on how much green energy production they need to generate in order to offset your energy consumption. In short, if you are already energy-conscious and limit your consumption, you can expect that you only need a smaller system to offset your consumption. Conversely, if you and your family’s energy consumption is quite high, a larger, more expensive system will be needed for you to see significant reductions in your utility bills.
However, Solaris is proud to offer $0 down financing for each of our solar panel systems and your payments could be significantly less than your current energy bills. We can give you a clearer understanding of how much you could save in your free consultation.
Savings you can see
One of the most common questions we are asked is, how much will I save by relying on green energy? Like the cost of the system itself, the answer is that it depends. Most homeowners begin seeing savings immediately, however modest.
Still, it’s important to have a solid understanding of your energy needs and potential savings before installing solar panels. That way, you can make a confident, informed decision based on how much green energy can save you in the long run. Solaris Solar Solutions can help you understand your energy needs through an audit of your home. We can also help you understand and explore any tax incentives associated with your installation, saving you even more.
Increased property value through green energy
Another key selling point for many new homeowners is that solar panels can increase the value of their home. Like all other estimates, your home’s increase in value will vary on several criteria. But, on average, you can expect a 3.74% ($14,329) increase in your home’s value over the coming decades.
Solar Panel System Recap
Let’s review three key takeaways:
- Solar panels cost money upfront, but you can expect to save significant sums over the system’s lifetime through offsets and tax incentives
- Your green energy-generating solar system increases your home’s value and will likely make it more attractive to potential buyers down the road
- Solaris Solar Solutions can help you find the right system for your unique needs through consultation and audit
Ready to learn more about how new homeowners are saving money through green energy solutions? Reach out to us today, and find out how you can save big on your energy costs.