The Increasing Popularity of Solar Technology in New and Existing Homes

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Solar energy has invaded the real estate business. In increasing numbers, home buyers and homeowners everywhere are seeking solar power for their single family residences. if you’re a homeowner or a home buyer, knowing the benefits of solar power and the value of solar panels can help you decide whether or not solar energy is right for your home.

Benefits of Solar Energy

Solar energy is one of the leading green technologies found on residential properties. For homeowners and soon to be homeowners, there are many reasons to invest in solar energy, including:

  • Residential solar energy is clean; solar panels produce no waste or greenhouse gases to generate power for your home.
  • Solar energy is cost efficient enough that many people who have solar power can actually sell power back to the grid, so they can make money on energy they don’t use.
  • Solar energy is improving all the time, so homeowners who install solar panels on their homes today can take advantage of the most up to date, efficient systems.

In addition to the above benefits, solar panels can actually add to a home’s property value. When a home goes on the market, home buyers commonly seek solar energy and are attracted to sustainable, efficient homes.

What to Expect From the Industry

In the coming years, there will likely be many changes to the solar industry, most of them for the good of the homeowner. Solar panels are becoming easier to install and more cost effective. These low prices make it easier to make solar energy a part of your household. In addition, solar panels are shrinking in size, so modern homes can benefit from smaller panels that generate and store more energy. As this kind of feature becomes more desirable, builders cannot ignore the demand.

This makes solar energy more accessible to general homeowners and helps shape homebuyer expectations. As solar becomes more accessible and prevalent on residential structures, this type of energy will also be a common expectation of home buyers seeking new properties.

Is Solar a Good Investment for a New Or Custom Home?

Solar panels can affect the value of a home in different ways in different parts of the country. However, on most properties solar panels can have a big positive impact on the value of a home. In general, it’s believed that solar power can increase your home’s value by as much as $15,000 or $20,000.

When trying to decide whether or not to install solar panels on your home, it’s important to consider the following:

  • Solar panels are best installed on a roof that is structurally sound and in good condition.
  • Trees, tall buildings and other shade-generating features in the landscape can affect your home’s ability to generate solar energy.
  • Homeowners concerned about the aesthetic impact of solar panels can consider solar shingles, which are designed to be integrated integrate into a home’s normal roofing.

Choosing a reputable contractor is important for ensuring that your home will get the most benefit from solar panel installation. A good contractor can ensure that your home’s solar panels are installed properly to maximize solar energy output. A good contractor can also ensure that solar panels are installed safely without damaging your roof.

Greg Geilman REALTOR®
President and CEO, South Bay Residential
1040 MANHATTAN BEACH BLVD. MANHATTAN BEACH, CA 90266

MOST COMMON SOLAR ENERGY MYTHS

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With the prospect of fossil fuel-based energy crises and human induced climate change looming, the demand for renewable energy technologies like solar power is growing. Unfortunately, there are currently many myths which hold solar power back from reaching its full potential. We are here to dispel some of these. Read on to find out more, and check out LEDwatcher.com for comparison of different solar lights.

First myth: solar power doesn’t work when it is cloudy or cold and rainy

Actually, solar panels are capable of supplying plentiful energy even in colder environments and those with high cloud cover. Developments in solar panel technology and battery and storage systems, mean solar power can be effective in all climates – some examples of countries where solar is already meeting a sizable proportion of the population’s energy requirements are the UK, Germany, Italy and China.

Second myth: solar power is too expensive and not viable economically

As a matter of fact, solar panels are becoming more and more affordable all the time as uptake increases and technology and production methods improve. Over the last decade or so the average solar panel costs have fallen by about 60%. It is now almost cheaper to generate electricity from solar panel than it is from coal – particularly when you factor all the external and hidden costs of fossil fuels into the mix! In many countries, there are government tax credits and other financial incentives encouraging the uptake of solar panels by making them more affordable to the average households and businesses. In addition, in many countries, if you happen to generate solar sourced electricity beyond your own requirements, you will actually be paid for feeding the excess back into the grid.

Third myth: solar is too hard to install and maintain

Actually solar panels are pretty straightforward to install so long, that is, as you are utilizing reputable, reliable manufacturing and supply companies. You may actually receive a government credit or discount for choosing certain companies to help you install your panels. Furthermore, most modern solar panels are constructed in a way that they are able to withstand rugged weather conditions, and are quite easy to clean whenever any dust, grit, snow etc does find its way on them. One exception: if you have a battery-based solar system, it will be a bit more work to maintain.

Fourth myth: solar panels will damage your roof

This is another blatant myth! Actually solar panels will protect and preserve the parts of your roof that they cover. The panels can also be easily removed and then replaced if the underlying roofing happens to be damaged and needs repair.

Fifth myth: roof mounted solar panels make it hard to re-sell your home

Actually, in a lot of cases having solar panels mounted on your roof will enhanced the value of your home. Numerous studies have found that homes with solar panels sell FASTER than those without, and fetch a better rice also. In particular, where the installation of solar panels on a home’s roof is accompanied by feed-in tariff schemes and the like – where you get paid for generating solar power – this makes the home even more appealing to prospective buyers who would also reap the benefits of the scheme.

Sixth myth: clean coal makes solar power unnecessary

Coal mining can never be ‘clean’, despite all the recent talk about ‘clean’ coal. Solar will always be a more environmentally friendly energy option than coal.

Seventh myth: solar panels negatively impact the environment, once they have reached the end of their lifespan

In fact, once solar panels reach the end of their life cycle (about 40+ years), most of their components can be recycled. Some companies will even take them off your hands for you and recycle them for free.

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