Tesla Solar Panels

Solar does increase the value of your home. Studies from Zillow have shown that property values tend to increase by an average of 4.1%. Perspective homeowners are also more likely to buy a home with solar than without solar panels. Solar is becoming more and more attractive to buyers especially as energy bills are on the rise. Especially when buying a house, any cost-saving measures can be invaluable in the long run. Another study by the Lawrence Berkeley National Laboratory concludes that each kW of solar installed can raise your home value by $5,000. Our average residential solar system is 10kW, raising home value by an estimated $50,000.

When you have your solar system, you generate energy from the sun and if you generate too much, you can sell that excess solar energy back to the utility company’s energy grid. With net metering, you’ll be making money off of the energy companies that used to charge you for energy consumption. You’ll have to check your area for specifics. Some companies provide actual monetary incentives and others repay homeowners in the form of credits towards their next energy bill if an amount is due.

Solar cost is the first thing a prospective solar owner asks and it is valid! You want to know what this investment will cost you and while there is no blanket cost for a solar system due to different factors, the range for price can be from $15,000 to $60,000. Our average solar panel client pays $35k cash for a 10kW solar system. After the money savings from their utility bill, it takes our average Illinois client 6-7 years to pay off their system before they make money. You can find the cost of your solar online in minutes using our solar calculator. We recommend using this calculator first as it’s an easy way to see if you want solar or not, depending on the estimate you get. Calculate Your Solar