Establishing a secure financial future for your retirement requires that you explore a variety of options, but most homeowners don’t realize that installing a solar panel system can be one of the smartest retirement investment options available. By viewing a home solar panel system as an investment opportunity, homeowners can reduce or even eliminate their electricity bills, freeing up more than $1,000 in cash each year. With the increased availability of $0-down solar loans, homeowners that lack the cash required for an upfront purchase can still take advantage of solar as a retirement investment strategy.
Homeowners and utilities alike are choosing solar energy at a faster rate than ever before in the United States. The explosive growth of solar power is partly a result of the falling cost of solar panels. Rebates and incentives have also contributed to the United States’ biggest year ever for solar. But decreasing costs are only one of the many benefits of solar energy. You can also improve your health and protect the environment by reducing your reliance on fossil fuels and installing a solar energy system at your home or business.
With a number of similar terms in the world of renewables, many are wondering what is clean energy and what are the sources associated with it? Understanding the line between dirty energy and clean energy can be more complicated than one might think and our research shows that one of the roadblocks that discourages people from purchasing clean energy systems is the combination of too many options and too little information. To help clear the way forward for everyone, we’ve created the following simple, top-line primer to lay the foundation for learning more about clean energy options that are available to you.
Every solar company has a variation of the same sales pitch, “did you know going solar can save thousands of dollars?” They make it sound so easy, but the truth is, whether solar is a smart long-term investment for you depends on a few major factors. So before you buy into the hype, we recommend you use this simple guide to cut through the sales jargon and determine if solar panels are actually worth the money.
Homeowners, solar companies, and industry advocates alike were given a big Christmas gift in 2015 when Congress approved the 2016 federal spending bill and extended the solar panel tax credit. The December 18 bill contained a 5-year solar tax credit extension, which makes solar more affordable for all Americans. Wondering how this impacts you? EnergySage has the answers.
Installing solar panels can significantly increase your property’s value, according to a new study from the Lawrence Berkeley National Lab (LBL). The report, titled “Selling into the sun: Price premium analysis of a multi-state dataset of solar homes“, builds on previous research which concluded that homes with solar panels in California sold for more than those without.
Do solar panels add value to a house?
In addition to California, the new study investigates home pricing trends Connecticut, Florida, Massachusetts, Maryland, North Carolina, New York and Pennsylvania by analyzing the sales of over 20,000 homes in these states. LBL’s analysis of the housing markets in these other states shows that the premium paid for homes with solar is not a phenomenon isolated to the Golden State. The clear takeaway: solar panels really do add value to a home.
If you are thinking about purchasing a solar system for your home, the study’s conclusions should give you a boost of confidence that you are making a smart investment. LBL finds that homes with solar panels will benefit from a ‘solar premium’ when they are sold because buyers are willing to pay more for a home with solar panels. Continue reading
In an age of global climate change, people around the world are looking for ways to reduce their share of the some 15 trillion pounds of greenhouse gases emitted each year. In the United States, one of the top three polluters in the world, many Americans are looking into home energy solutions like energy efficient upgrades and solar installations. However, for some homeowners, the first question is “what is my carbon footprint, and what are the biggest contributing factors?” In this article we’ll answer the following questions:
- What lifestyle choices influence carbon footprint?
- How do I calculate my own carbon footprint?
- What are the best ways to reduce carbon footprint?
Solar panels and electric cars are a match made in heaven – when you install a solar energy system on your home, you can use it to both power your home and charge your electric car for emissions-free transportation. The cost of solar is falling rapidly, and companies from Tesla to Nissan are manufacturing electric cars for your daily use. Now, the ability to install a solar PV system large enough to power both your home and your car is an option within reach. But even with incentives and rebates available for both technologies, most homeowners still can’t afford to install solar and buy an electric car at the same time. Luckily, it’s easy to install a solar energy system today that takes your future electricity consumption into account, if you take a few additional factors into consideration.
Solar is no longer the uncommon renewable energy it once was. Today, trusted review organization Consumer reports is offering its insight about the best solar companies and best ways for consumers to install solar panels.This year, the millionth home solar panel system was installed in the United States. If you had any doubts about whether solar is now in the mainstream, Consumer Reports’ recent guide around the best way to go solar should erase them. In its August 2016 issue, the industry-leading nonprofit magazine declares, “There has probably never been a better time to switch to solar” – and suggests that U.S. homeowners use EnergySage’s Solar Calculator to determine whether solar makes sense for their homes.
The research team at Consumer Reports took on the entire solar shopping process, covering topics from equipment to financing to evaluating the installer you choose to build your solar energy system.