Should You Install Solar Panels on a New Home Build?
You have many decisions to make during a new construction build, ranging from the color of your kitchen backsplash to the layout of your living room and whether to install solar panels. If there’s one decision to take your time with, it’s the solar panels. You probably want your dream home to be as energy efficient as possible. In a new build, you have the power to optimize construction for the installation of solar panels. The inclusion of solar energy might be the best choice you make for your home.
See Significant Cost Savings
Depending on your location, you could save thousands of dollars in energy costs every year after you go solar. In many states, monthly savings equal around $100. If you plan on living in your new home for the next 20 years, that’s an average savings of $24,000! Plus, you’ll start saving money from the very first day of installation. Google recently created a tool called Project Sunroof that can give you an accurate estimate of how much you could save with solar energy based on your location. Odds are that it’s enough to more than cover the cost of the installation over time.
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Increase the Value of the Property
When buyers see a home with solar panels already installed, they recognize that they’re saving plenty in energy costs. These savings can translate into a higher home value. You’ll more than likely sell your new construction faster, since solar panels are extremely desirable home additions today. A property with a good Home Energy Rating will fly off the market.
Take Advantage of Tax Incentives
Looking for ways to save while building a new home? Take advantage of enticing tax breaks and credits when you install solar panels. There’s currently no cap on the Federal Solar Tax Credit. You can recover 30 percent of the cost of the system (60% if you are running a home business). Combine the federal credit with potential state rebates, and you could get back several thousand dollars from your initial investment. Utilize these tax incentives before they’re gone!
Enjoy Guaranteed Solar Panel Performance
Almost all solar panel manufacturers give warranties for at least 20 to 25 years. That means you’ll have a performance guarantee for the next two decades or longer. Solar panels can last around 30 to 40 years, operating at least at the industry standard of 80 percent performance after the 25-year mark. Installing solar panels on your new construction can give you all the benefits of this equipment without added costs of repairs or replacement for the duration of the warranty period.
Keep Utility Costs Fixed
Utility companies have the power to increase energy prices as they see fit. This can lead to thousands of dollars in your lifetime that you wouldn’t spend if you were in charge of your own energy. When you install solar panels, you become the controller of your energy costs. You can enjoy fixed energy costs by calculating how much electricity your panels will generate at what price. No more suffering through your utility company’s whims and price fluctuations. You’ll have the same price no matter what’s going on in the electric industry.
Have Confidence in a Safe Investment
Solar power isn’t a passing trend – it’s the energy of the future. Don’t feel like you’re “jumping the gun” by installing solar panels on a new build. Your investment won’t go out of style anytime soon. It’s a safe investment that will yield incredible returns for you as a seller or homeowner for years to come. If you plan on selling your home in the next 20 years, the solar panels will increase your listing price.
Investing in solar means staking a claim in the energy market of the future. You won’t have any doubts that you made a smart investment.
Don’t Break a Sweat
Investing in solar energy has never been easier or more affordable. Don’t think for a moment that solar panels will set back your timeline or cause a big hassle during construction. Shopping for your solar equipment and finding the right installers is easier than ever. More and more solar installers are cropping up all over the United States, enabling you to find the most innovative technology for your system no time. Most companies offer free consultations and price estimates, so you can quickly compare your choices at no obligation.
Save the Planet with Solar Energy
Opting for solar energy during a new construction will help the environment. Replacing traditional energy with solar can reduce carbon dioxide emissions and save fossil fuels. The property owners will enjoy a reduced carbon footprint and feel like they’re doing their part to offset carbon emissions in the U.S.
It’s never too early in a home’s life to switch to solar. Installing solar panels during a new build simply expedites the time it takes to start reaping benefits. Whether you’re going to live in or sell your home, the addition of solar panels will offer numerous benefits.