Whether it’s your first or your fifth house, everyone wants to find ways to increase their home value. While you could remodel and renovate to bump your asking price, many homeowners turn to solar energy to add value to their homes.

Solar Me can help you save money, and the environment, by switching to solar energy. There are plenty of reasons to go solar, but let’s look at the main reason homeowners are specifically considering adding solar panels to their homes.

Solar energy saves money now and later.

While a new kitchen may look and function well, a cosmetic renovation rarely saves money month over month. And while you’re still living in your home, solar panels can save you money on electric bills. Some homeowners eliminate them completely! It’s the one investment that saves money in the short term while increasing the value of your home for the long term. Solar Me can provide you with a customized quote to show you just how much money you would save with solar energy.

Homes with solar energy sell more quickly.

Studies show that homes with solar energy sell about 20% faster than those with traditional energy sources. There are a few reasons for this, but the two big reasons are home buyers want to find ways to help the planet and to save money throughout the year. They want a home that uses an affordable renewable energy source. And as of 2020, solar energy was listed as the cheapest form of energy available. These incentives will give homebuyers confidence to quickly buy a house that they know uses affordable green energy.

Why do solar panels increase the value of a home?

New Jersey homes with solar panels sell at a higher price.

As of 2019, New Jersey homes were listed for nearly 10% higher than homes with traditional energy sources. That can make a big difference when it comes time to sell your home. Most homes across the United States with solar energy only see about 4% higher asking prices. So why do New Jersey homes with solar energy sell for more? It’s because New Jersey provides several solar energy tax incentives. And these ongoing savings appeal to potential homebuyers who see the value in long-term savings. 

At the end of the day, investing in solar energy is a wise decision for homeowners. You’ll save money in the short term and the long term. You’ll see lower utility bills month over month. And you’ll be able to ask for a higher price when it comes time to sell your home. Solar Me can help you figure out the best solar plan for your home so that you feel confident in whatever decision you make.

Contact us today to learn more!

Written by Megan Carver | October 15, 2021