In the realm of sustainability and eco-conscious living, going solar has emerged as a symbol of responsible homeownership. However, the decision to harness solar energy has often been associated with the commitment of settling into a forever home. But what if we told you that you don’t have to be in your forever home to reap the benefits of solar power? In this article, we’ll explore why going solar is a smart choice, even if you’re not planning to stay in your current home for the long haul.
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Reap the Financial Benefits of Savings
Going solar is not only an eco-conscious investment for the planet but also a financial investment for your wallet. By generating your own electricity, you can significantly reduce, or even eliminate, your monthly utility bills while in your current home! Solar energy allows you to own your power and prevents you from the unpredictability of renting your power through a power company with ever-changing rates.
Moreover, government incentives and tax credits further sweeten the deal, making solar power more accessible and affordable for homeowners. One of these is the Investment Tax Credit (ITC) from the federal government! The ITC helps homeowners and businesses go solar at a more affordable rate by offering a tax deduction equal to 30% of the total cost of a solar system. Not only are you getting a break on your monthly power bill, but on your yearly taxes as well, making solar a no-brainer decision!
Solar Appeals to Potential Buyers
In today’s environmentally conscious world, more and more homebuyers are prioritizing energy efficiency and sustainability. A home equipped with solar panels offers buyers the opportunity to enjoy long-term cost savings on utilities while reducing their environmental impact. According to the U.S. Department of Energy, “80% of buyers look for energy efficiency upgrades when house hunting,” and “Buyers are willing to pay 10% more for a home if it has solar.” By investing in solar energy, you’re not only enhancing the value of your home but also appealing to a growing market of eco-conscious buyers who value sustainability and long-term savings.
Solar Homes Sell Quicker
Furthermore, homes with solar installed also spend less time on the market. According to research conducted by RocketHomes, “Home listings with solar power are 24.7% more likely to sell over asking price and spend 13.3% less time on the market,” making solar a highly sought-after upgrade when buyers are considering their investment. At Everlight Solar, we work with an expert team of solar-certified realtors who can support you in the process of buying or selling a solar-powered home!
Solar as a smart investment
Whether you plan to make your current residence your forever home or not, solar boasts many benefits. The financial benefits, environmental impact, and resale value make it a compelling option for anyone looking to reduce their carbon footprint, save money on power bills, and support renewable energy solutions. See if solar is a good fit for your home by booking a no-cost consultation today!
