Do Solar Panels Increase Home Value?

Apr 2022
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do solar panels increase home value

Over two million homes in the United States have rooftop solar panels, and many more homeowners are considering solar as an option for their homes. Homeowners are motivated to save on utilities and add value to their property. The big question is, do solar panels increase home value? As premier Houston solar installers, we hear questions regarding solar panel systems and home value all the time, and we wanted to quickly address the most common FAQ regarding solar panels and home value.

Do solar panels increase home value? The short answer is yes! However, several factors influence the potential added value.  the property for sale itself, there are many considerations to factor in before creating an accurate assessment of how solar panels impact home value. Let’s explore some of the reasons solar panels can increase home value.

How Can Solar Panels Increase Home Value?

Solar Panels Can Decrease Utility Costs

Decreasing utility costs using solar panels can increase a home’s value. CNBC reports that the increase in value for homes with solar panels is potentially 4.1% over comparable homes that do not have solar panels. These statistics are dependent on the market location, of course.

The average home saves $10,000 – $30,000 in energy costs over the lifespan of a solar panel. In the current market, buyers are looking for ways to save on utilities while purchasing homes that will retain or increase value. Solar panels are an excellent choice for homeowners staying in their homes or planning to sell.


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Solar Panels Can Protect Your Roof

Solar panels keep your home cooler in the summer, and when appropriately installed, they may also extend the life of your roof! The condition of a roof can increase or decrease the value of a home by affecting the home appraisal during an inspection. Extending the lifecycle of your roof can increase your home’s value; without the headache of needing to replace the roof or repair it before placing your home on the market.

Do Solar Panels Increase Home Value? – Own vs. Lease

It’s better to own your solar panels to increase your home’s value instead of leasing them. Prospective homebuyers like owning the money-saving equipment on their new home and not being forced into a leasing agreement they didn’t initially approve of in the first place.

Do solar panels increase home value? Yes, they can; although some variables will affect how much they can impact the bottom line/selling price. For example, location, federal and state tax credits, and varying utility costs affect their total value. However, one thing remains consistent: added value.

Are you looking for information about renewable energy for your home? As one of the premier solar companies in Houston, we’d be happy to educate you on Texas solar.

Contact Sunshine Renewable Solutions, today!

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Sunshine Renewable Solutions proudly partners with a leading Texas-based plastic manufacturer, embarking on a groundbreaking initiative to fortify its commitment to sustainability.

By integrating solar energy solutions, we're revolutionizing their environmental impact. Our collaborative efforts aim to construct a robust solar infrastructure, harnessing renewable energy to power their operations efficiently.

Together, we're spearheading a transformative shift towards renewable practices, demonstrating how solar power can drive industrial progress while prioritizing environmental responsibility. Sunshine Renewable Solutions is honored to work hand-in-hand with this industry leader, fostering a brighter, greener future through the strategic implementation of solar energy solutions.

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Creating The Foundation

As the foundational step in our partnership, the construction of concrete piers for the solar panel structure marks a pivotal milestone in our solar energy initiative. These concrete piers serve as the bedrock of support for the entire solar infrastructure, providing stability and durability essential for the efficient functioning of the solar array.

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Precision And Accuracy Are Paramount

Our engineering team meticulously plans and designs the layout of the piers, ensuring they are strategically positioned to uphold the solar panel array's weight and withstand environmental factors such as wind and inclement weather. We adhere to industry standards and best practices to create a robust foundation that guarantees the longevity and resilience of the solar installation.

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A Solid Foundation

Environmental considerations are taken into account throughout the construction process, ensuring minimal disruption to the surrounding ecosystem. Our commitment to sustainability extends beyond energy production to encompass responsible construction practices.

By establishing these concrete piers foundations, we are ready to start Phase 2, erecting the metal support bars. Enabling the subsequent installation of solar panels will power the plastic manufacturer's operations while significantly reducing their carbon footprint.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Follow The Build

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Slide
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Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

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Texas Plastic

Sunshine Renewable Solutions to Help Formosa Plastics of Point Comfort, Texas, Achieve Sustainability Goals

Formosa Plastics is a major producer of polyethylene, polypropylene, and polyvinyl chloride resins, which are widely used in various industries worldwide. Recognizing its role in environmental stewardship, Formosa Plastics sought to collaborate with a reputable sustainability consultant who can provide solutions to reduce its impact on the environment.

Sunshine Renewable Solutions is a leading sustainability consulting firm that specializes in renewable energy and environmental sustainability. The company has a team of experts who help clients identify opportunities to reduce energy consumption, lower greenhouse gas emissions, and implement sustainable practices through solar power.