Solar Panels Increase the Value of Homes

One more reason to take a look at the solar panels for sale right now. Solar Panels increase the value when selling a house. According to a study in the New York times, houses with a relatively new solar panel system were seeing premium prices over other comparable houses of about $17,000. People who have added solar panels to a house already standing (not installed when the house was built) have seen premiums of nearly three times that amount.

So what does it mean? Well, one of the arguments against solar panels has always been that it takes time to get your investment back. And that if you sell your home before that time, you will lose that investment. However, now that solar panel homes are receiving a premium price, this just isn’t the case any more.

Also, this study was done from 2001-2009. Since then, a lot of companies have entered the solar panel market and there are more solar panels for sale. There are more types and the prices are coming down in general.

So, premium prices for homes with solar panels, more solar panels for sale, lowering solar panel prices, increases in costs of energy from the energy company, and the ability to sell unused energy to the power companies means it is getting easier and easier to get your initial investment back.

You can find the original article here

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