How Much Value Do Solar Panels Add To Your Home? - Speir Solar

How Much Value Do Solar Panels Add To Your Home?

  • October 5, 2022

You’ve heard it from friends, family, or through social media, solar power is a great way to save money, and having solar panels adds to the value of your home. And while it is true that solar power is a great option for a renewable energy source for your home, it can be difficult to understand how much value solar power can have for your home. What are you really getting out of your investment, and how much can you expect to get out of a solar energy solution? Not to worry, Speir Solar is here to help you find out just how much solar panels can add to the value of your home and how beneficial it can be to your power bill too. 

Increase Property Value With Solar?

First let’s answer the question, how much value does solar add? Although every market is different, on average according to Zillow, homes with solar panels sell for approximately 4 percent higher on average than homes without solar energy, or an additional $9,274 for the median-valued home in the U.S. That’s a sizable return on investment in addition to the savings you will get on your energy bill from going solar, and Speir Solar wants to help you cash in on that investment by providing the best home solar solutions for Texas residents.

Another reason to invest in solar in Texas before you put it on the market is that houses with solar panels tend to sell faster than those without solar panels. Research by NREL has found that homes with solar panels sell 20 percent faster than equivalent houses that are dependent on the grid. Prospective homeowners are always looking for ways to save on utilities when looking for a new home. If you live in an area where being environmentally responsible is highly valued, your home may gain even more value than the average home after your solar panels are installed.

Home Solar Solutions from Speir Solar are great investments for the long run. Whether you just bought a new home, or are looking to save money on your energy bill going forward, solar panels and solar energy solutions are the future, and the investment will be worthwhile.

Find A Solar Panel Solution With Speir Solar

Still want to learn more about the benefits solar can bring to your Texas home? Find out how easy and affordable it is to install home solar power in Texas. Contact the experts in home solar power and solar panel installation at Speir Solar at 512.537.6527 to get a free quote or ask any questions. We’re here to help people in our Texas community move to more sustainable and renewable energy in solar power. Get a free consultation with Spier Solar and start saving today.

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