Should You Add Solar Panels to Your Home?

by McDonald Real Estate, LLC 09/19/2021

Image by Jukka Niittymaa from Pixabay

When it comes to renewable resources, there is nothing quite as powerful as the sun. Solar energy is the one resource that we have on our planet that will never run out, and people are discovering that there are many innovative ways to harness the sun's energy in order to power our daily lives. 

Recognizing the importance of solar energy, you may be wondering if solar panels are the right choice for your home. This guide will give you the information you need to know about solar panels, and it will help you decide if they are the best feature for your environmentally-friendly home.

Should I Add Solar Panels to My Home?

Solar panels were once considered a luxury upgrade that were not available to the average homeowner, but today they are an option for nearly anyone who is interested. Here are some factors to consider when deciding if solar panels are the right choice for your home: 

  • The type of roof that you have and the age of your roof. Solar panels will work best on a newer, more durable roof, such as one made of composite shingles. It is often best to replace your roof and add solar panels simultaneously, as solar panels have an expected lifespan of about 40 years. 
  • The local climate of your region. Ideally, in order to maximize the use of solar energy, you should live in an area that receives natural sunlight more frequently. 
  • The location of your home. The direction that your home faces may dictate how much sunlight your roof receives on a daily basis. You should only invest in solar panels if your roof receives adequate sunlight.

The Solar Panel Installation Process

If you decide to purchase solar panels for your home, you should leave the installation of these panels to the professionals. This is not a DIY project, but rather, one that only experienced installers should take on. You will want to trust that your solar panels have been installed properly, as this is the only way to maximize their benefits.

The Financial Benefits of Going Solar

Purchasing and installing solar panels will require you to make an initial investment in your home, but you will quickly find that there are many financial benefits associated with going solar. These are just a few to consider:

  • Your utility costs will go down. When you have solar panels properly installed on your home's roof, you can collect solar energy to power your home. Subsequently, you will be relying less on electricity provided by your utility company. While the amount of cost savings you will realize will vary based on your own consumption and the rates in the local community, it's safe to assume that you will pay less to your utility company over time.
  • Your property value will go up. Home buyers are often searching for properties that have sustainable features in place, and solar panels are in high demand among those in the market for a new home.

Ultimately, when it comes to adding solar panels to your home, the choice is yours. It is becoming a more common upgrade for homeowners across the country, and solar panels can easily be added to nearly any type of home. If you are interested in living a more sustainable lifestyle, then solar panels may be a good option for you and your home.

About the Author
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McDonald Real Estate, LLC

Hi, We're McDonald Real Estate, LLC and we'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having real estate professionals by your side. We'd be honored to put our real estate experience to work for you.