Annual energy costs can be in the thousands. In fact, the average annual energy expenditure per person in residential homes is $3,052. Solar power can reduce or eliminate these costs as soon as they are installed. They also offer long-term savings, because it’s basically free to capture the power of the sun.
Solar panels significantly improve your resale value. Most home buyers understand what a home with solar panels means—especially because the system is already in place and they didn’t have to make the initial investment and installation. According to research, most homeowners see a $5,911 resale value increase per installed kilowatt. That means if you install a 11-Kilowatt system, you could improve your home’s resale value by nearly $66,000.
Solar panels also extend the life of a roof, because they protect from the elements, such as rain, hail and debris. They make the house more energy-efficient in the summer because the hot sun is not beating down on the roof directly—it is instead being absorbed by the panels, keeping the house temperature lower.
11 Killowatt install