Does Solar Add Value to My Home?

by | Jul 4, 2022 | Blog, Residential Solar

Before making an investment, you need to make sure that you have all the relevant questions answered. The most common question before you invest in a solar system, is “Will this investment increase the resale price of my home?” Yes, It will add value to your home, that’s the simple answer.

It is not easy to determine how much value is being added. Home location, roof shade, personal electric costs, and many other factors all play a role in determining the added value. Although each solar system is different, the average increase in resale values per kW of installed solar is $5,911. A 5kW solar panel system can increase the resale value of a home of average size in a sunny state like Florida by approximately $30,000.

Does Solar Add Value to My Home?

Tampa real estate brokers are able to confirm that Solar Electric has had a positive impact on home values. Homes with solar systems are more valuable and sell faster than those without.

Homes with solar panels sell for 20% more than homes without them. A solar system investment could help you in many ways if you are considering selling your home. It’s a great investment that can provide benefits for many years, even if you don’t intend to sell.

These statistics only reflect current utility and housing costs. However, as electric costs rises, so will the value of solar. Solar power is a major decision but a worthwhile investment that will help you to extend the life of your solar system. It’s good to your wallet, and it’s also good for the environment. It’s a smart investment because of so many reasons. Solar Tech Elec invites you to contact us today for a no-obligation consultation about how solar power can help save money and increase the value of your home. 

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General BootyGeneral Booty
18:00 22 Jan 22
Ross and his team were excellent with quotes, pricing, communication, educating me on the solar system, follow through, and follow up. The install team was very friendly and informative and did great work. A very high quality inverter and 23 very high quality solar... panels were installed excellently. Thank you Ross and everyone at Solar Tech Elec! I would definitely recommend them to everyone interested in getting a solar system as they are there for you after the install with your questions or concerns as well.read more
Breah DiLaneyBreah DiLaney
02:38 14 Dec 21
After multiple quotes, scam companies, 3rd party contractors and panels that came from lower grade materials; we could not be any happier with Ross and the guys @Solar Tech. He is honest, knows his products, came to our home when it fit in to our schedule and never... pressured or tried to sell us on anything. He even listened to our electric use concerns and offered multiple products to maximize our savings. Install just completed on our panels and it has been perfection from the 1st phone call. Bravo guys!read more
Ken RosenbergerKen Rosenberger
14:40 03 Nov 21
Couldn’t be more pleased with Solar Tech Elec. We got three quotes for a very good sized solar system and theirs was the best. They use top quality, American made equipment, the staff were very professional and the installation went flawlessly. I highly recommend them!
Karlie WyseKarlie Wyse
21:26 15 Oct 21
Fantastic company! Best quote I received from any solar company and the installation process was smooth as butter. We had 28 panels installed and everything was complete in 1 day. The installers were very nice and professional as well. Don't look any further if you're... considering Solar panels! Highly recommendread more
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