Are Solar Panels Really Worth It?
Lake Tahoe, Carson City and Dayton area all great places to go solar. Many utility companies offer great incentives to go solar and may even pay you!
Most homes strives to conserve energy and ultimately bring their power bills down. However, the expensive surcharges that have hit customers in the recent past can move your bill from expensive to insane depending on the number of kWh you use in your home. In California and Nevada, an average home needs a 5kW solar system in order to cover most of its electricity needs. Given the average price-per-watt of $2.77, a 5kW system can cost around $13,850 depending on applicable rebates and other factors.
The average monthly electricity usage in California is about 547 kWh per month. However, you are most likely using a lot more than this since this average includes small apartments and condos. Grid electricity is expensive, and it will only become more so with time. By installing solar panels on your property, you can protect yourself from these rising utility prices. With a large enough solar installation, it’s possible to derive 100% of your electricity from a power source that remains consistently free.
Your home is one of your most cherished possessions. However, if you intend to sell your house in Carson City in the near future, it is always advisable to increase its value. One of the reasons why solar panels are so common in the Lake Tahoe area is because they not only reduce electricity costs but also increase the value of your home.
Studies have shown that potential home buyers in the Lake Tahoe area will be more attracted to a home that has solar panels installed as compared to one that has none. A study conducted by the US Department of energy also showed that the installation of solar power can boost the price of your home by up to $17,000.
Some people are put off getting solar panels installed in their homes by the initial costs involved, for example, the panels need to be purchased and then installed by qualified color contractors. However, they really are a good investment, they will improve your home’s energy rating making it more attractive to potential buyers should you choose to sell it. The installation of solar panels will also increase your home’s value, which can only be a good thing.
FOr more information on the value of solar panels, contact us today.
