Are you considering a solar system for your roof and are unsure how long you will be in your home? This article will elaborate on how adding a solar system increases your home’s value if you ever decide to sell.
One of the main reasons that homeowners opt out of adding a solar system to their home is because they do not plan to be in the home forever. Adding a solar system to your home can be a very smart choice even if you plan to sell the home. Solar systems not only save money on energy bills while living in your home, but they can also greatly increase your property value if you ever decide to sell.
GAF Energy solar systems are a great way to reduce energy costs and carbon emissions, all while increasing the overall value of your home. With the recent push in energy efficient homes and cleaner energy, it has been found that buyers will be willing to spend 4.1% more for a solar powered home than they would for a non-solar powered home. It has been found that most homeowners today consider energy efficient houses to be a very important aspect in their decision to purchase the home, especially with homebuyers becoming increasingly environmentally conscious.
Further, a study by the National Renewable Energy laboratory has found that a solar system on your home will increase the value by $20 for every $1.00 saved on energy bills. The combination of cleaner energy, energy savings, and increased value in the home makes solar systems pretty much a no brainer! These studies show what a valuable investment solar can be for homeowners and prospective buyers.
The Federal Solar Tax Credit also provides a reduction equal to 30% of installation cost for qualified taxpayers. Renaissance Roofing, Inc. will provide a solar analysis based on your home to calculate a break-even on return on investment that shows how much the Federal Solar Tax Credit could save you. There are 36 states that exempt solar owners from paying increased property taxes. Michigan is fortunately 100% exempt from any solar property tax, an added benefit for homeowners.
It is important to note that there are conditions that affect how much value solar will add to your home including the age of the solar system, the condition of the solar system, whether you own or lease the solar panels/system, your area’s solar market, and local electric rates. It is important to do research when deciding if a solar system will be best for you, however most homeowners experience significant benefits from upgrading to a solar powered home.
To maximize your solar investment, it is important choose the best solar technology that will raise your property’s value. Renaissance Roofing, Inc. is proud to offer the GAF Energy solar shingle system with cutting-edge technology that will not only keep your home aesthetically pleasing and energy efficient, but also is guaranteed by GAF Energy to see the results you are looking for. GAF Energy guarantees a percentage of solar production – and if solar production falls below their guaranteed mark, GAF Energy will reimburse the homeowner for the difference. This demonstrates that GAF Energy is confident that their product will continue to deliver the best solar experience for homeowners.
Upgrading your home is a big decision. Fortunately, GAF has been in business for over 130 years and continuously strives to be the best product on the market. Renaissance Roofing Inc's GAF Energy Certified representative is happy to answer any questions throughout the solar installation process. Schedule an appointment today to learn more about GAF Energy solar shingles!
