Millions of solar panels are being installed in homes all over the United States, which makes your chances of purchasing a solar powered home more common. Solar panels have become more and more advanced in recent years. As a result, they have become more practical and grown in popularity. In fact, installing solar panels on your home now provides more benefits to the homeowner than ever before.

Design

Many people think that installing solar panels on your home means large, ugly panels sitting on top of the roof just to experience a slight decrease in your energy bill. While that may have been the case when solar panels were first introduced, they have come a long way since then. According to solar power experts, the design of solar panels has greatly evolved in recent years. They are now very thin and sleek, making them less noticeable.

Cost Efficiency

They have also become much more efficient, meaning greater savings for those who choose to install them. Experts estimate you can save $1,800 a year in electric costs by using solar energy versus traditional energy. Although installing a solar power system can be a bit pricey depending on the model you choose, they are known to produce a lot of power and have great warranties.

In addition, there are also rebates and federal incentives in place for homeowners who install solar panels. For example, the federal government gives homeowners a 30 percent credit for installing a system, and some states offer substantial tax credits for residents who have a system installed.

Home Value

On top of all of this, installing solar panels on your home increases its value. Due to their growth in popularity, homebuyers are typically willing to spend more on a home with solar panels installed. According to surveys, people will spend up to $15,000 more on a home just because it is powered with solar energy.

Although a solar powered home might not be for everyone, it’s worth doing some research to determine whether or not it is right for you. Solar power has certainly undergone a lot of changes in recent years, making it more worth the investment. Be sure to consult with a solar power and real estate expert to determine how the value of your home will be affected should you choose to install solar panels.