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Solar energy systems skyrocket your home’s or property’s value.

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maryannmyers
Solar energy systems skyrocket your home’s or property’s value.

As a homeowner, there are several things on your list that might need an improvement in your house. For example, your electricity bill could be one thing you want to improve before anything else. If it is high, or you just want to adapt to a more sustainable function, think about considering solar panels. Add these panels and the entire solar system to your list. 

 

You probably know that using solar energy has lots of benefits. Also, it is nice to think of producing your own energy without harming the environment by not relying on the grid. Like any other home improvement option, this is one of the most favorable things to do for a long-term investment that brings bigger gains to you. 

 

Let’s cut to the chase and see if installing solar panels increases your property’s values or not. 

 

According to many studies and experts, a property that has solar energy systems is likely to increase a home’s value. Homebuyers across the country are willing to pay approximately $15,000 for a home that already has an average-sized solar system. However, some believe that this value is greatly dependent on which type of solar system your home has. So, let’s figure out the value that may lie.

Types of solar systems 


Solar panels

 

There are two types of solar panels, first, a silicon panel comes in two forms - Monocrystalline and polycrystalline. Both of the panels perform similarly but Monocrystalline panels have been in the market for a long, whereas, the polycrystalline panels are something newly adapted. Silicon panels are said to increase your efficiency from 18% to 22%. 

 

The second is a thin-film solar panel. These panels are commonly found on solar shingles or solar tiles. These panels are less expensive and produce too with only 11% to 13% efficiency. 

 

Solar systems 

 

When installing a solar system, you’ll have two options. You can either connect the system to the local utility grid and sell excess energy that gets generated back to the company. Or, you can install an off-grid system that is backed by a series of batteries and another backup generator. These can efficiently store power for you to use on cloudy days or when the sun isn’t too bright. 

 

Cost of solar systems 

The government has noticed that the solar energy industry is growing fast and as a result, the cost of systems is dropping significantly. 

 

Since the prices have dropped, the cost will fluctuate according to the system you choose, the type, the size, and the location you want to install it. For example, some estimates say that a 2-kilowatt system can offset the electricity of an average-sized home and that would cost you according to per square foot in the form of incentives and rebates. 

 

Maintenance 

 

Solar panels don’t require deep maintenance, just occasional cleaning. Thai cleaning should only cost you few dollars and it could be done as and when needed. If you’re unsure about when to get to maintenance, contact your solar Sunshine Coast expert today or read your agreement.

 

Tax credits  

 

Governments also offer tax credits to homeowners who decide to install solar energy systems at their property. This means that you can receive tax credits if you install solar panels in time. You can choose to deduct the tax credit from your tax payment if you have federal taxes or get it deducted from taxable income while filing your taxes. 

 

Want to boost your home’s value? 

 

There’s a chance to improve your electricity by adapting to solar energy. By the end of the day, the choice lies in your hand. As long as you can find a buyer that offers a higher value on the property, you’re lucky. And if not, try installing solar panels and save on electricity bills for a lifetime. 

 

Boost your home’s value with AHLEC. Talk with our experts to know more about solar energy systems.

 

Source URL : https://ahlecsolar.com.au/about/ 

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