As well as saving you money starting the day the panels are on your roof, solar panels for your home can actually make you money long term as well. How? Well, solar panels add value to your home. According to NREL (National Renewable Energy Laboratory) homes with solar energy sell 20% faster, and for 17% more, than homes that don’t have solar installed. NREL concluded in their study that the average increase in resale value is $5.911 for each 1 kilowatt (kw) of solar installed. So a small 3.1 kilowatt system can add an average of $18.324 to the value of the house… and in California the average system that’s being installed is twice that size, and larger. The US Department of Housing and Urban Development states that energy savings improvements increase the potential resale value of your home and help it sell quicker because your house becomes more attractive to the market. This is because your solar system will actually save the new prospective homeowner money. As of 2020, its official…California has approved the mandate for solar on all new construction homes. It’s now a law in California that if you build a new home, it’s must have solar panels. Imagine what this is going to do to the housing market. Home’s on the market that don’t have solar soon won’t be able to compete. Even if you’re not thinking of selling anytime soon, it’s great to know that you’ll see your home increase by the cost of the system you installed on your roof. There aren’t many home improvements that you can do where you’ll definitely see the cost added to the sale price. Your Carbon Footprint Nowadays, many people are concerned about their carbon footprint and impact on the environment. Often, it can he hard to find individual ways to really make a difference. Well, getting solar panels for your home is one way that you can have a significant impact on your carbon footprint. This is because your Del Mar home will use less unclean energy and will rely more on this clean and renewable source of energy. So, if you are looking for an individual way to limit carbon footprint and environmental impact, adding solar panels at home is a great thing to do. You can do your part in passing a clean Earth over to future generations who will be inheriting the planet. Solar Federal Tax Credit By installing a solar energy system in your home you can quality for a federal tax credit. This can be on your main residence, or can be applied to a second residence as well. As a credit, you take the amount directly off your tax payment, rather than as a deduction from your taxable income. There’s no limit to the dollar amount, so this will apply for any size system that is put on your roof. Basically the federal government is subsidizing the cost of you installing solar on your home. Or you can decide to apply the tax credit to the cost of your solar system, and bring the cost down even more. How Much Does Solar Cost? Many homeowners think solar is too expensive, and that’s usually because they just haven’t been educated yet. When you get educated on how solar works, you’ll see what a “no brainer” it is and how your start saving money right away. Also, with our solar financing you’ll pay $0 money down, so there’s literally no upfront costs for you. You’ll be trading your current electric bill payment for a solar payment that will cost much less than what you’re paying monthly for your current electric bill. Hopefully by now you’re starting to see why switching to solar makes so much sense. Get a free solar quote and see how solar can benefit you and your home!