Residential Solar System Increases Sale Price
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Residential Solar System plays vital role in real estate Sale Price. The study proves that a residential building with Solar Systems sell for a premium over homes without solar installations. With energy costs rising significantly, interest in energy efficient home plans has risen, too. Residential Solar System has proved to be cost effective for this purpose, in long run. To encourage people for installing solar energy systems, many governments and social organizations are providing rebates and solar tax credits.
Home buyers are interested in homes that will save them money. In some states, there are some tax relaxation provisions provided by the governments for property owners for installing solar energy systems. The trend of adding solar energy is growing popular among city dwellers also. They are adapting it to heat the house in winter and cool it in summer.
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Features
- Solar Energy is clean, renewable (unlike gas, oil and coal) and sustainable, helping to protect our environment.
- Systems can therefore be installed in remote locations, making it more practical and cost-effective than the supply of utility electricity to a new site.
- Solar Energy systems are virtually maintenance free and will last for decades.
- Solar energy does not require any fuel and save you money on your electricity bill.
- Home solar panels require small space to set up and once they start producing electricity then it becomes easy to handle the tasks.
- Once installed, there are no recurring costs.
- Residential Solar System requires Low or no maintenance
Residential Solar System boost sale price
Residential Solar System is a smart investment that converts your home into an energy efficient home. There’s strong evidence that homes with solar PV systems sell for a higher sales price. Solar powered fans, applications and low wattage bulbs eliminate the dependence on non renewable sources of energy. You can opt for installing solar energy system as direct connection or Grid Tie with battery backup. Solar power grid tie system is wired directly into your utility meter and breaker box and turns back the electrical usage on your meter.
Solar power grid tie system with battery backup provides you with a battery backup to cover a power failure. Since they were designed for small spaces, they’re a great way to light any room. They’re also a great way to light up a pool for any late night swims. Although you have to put out a considerable amount of money at the time of installation, it cannot compare with the savings you will make on electric bills during the time you will use your solar panels and the value increase it can give your property.