Are solar-ready homes a good investment?

Solar-ready homes can be appealing to homeowners who might want solar panels in the future but are not ready to make the initial investment. Solar-ready homes will also lower the cost of installing solar for homeowners, so this option can command a sales price premium.

Are solar panels a good investment?

Solar panels offer a variety of financial and reliability benefits to homeowners and can increase the sale prices of homes. Integrating solar photovoltaics (PV) into new construction is becoming more and more popular in the United States.

Should you buy a home with solar panels?

A home with solar panels has lower electricity bills than an equivalent home without solar panels. Over the life of the solar system, the savings exceed the higher up-front price of the home. Homebuilders can share information with consumers about financing options and incentives described in the Homeowner’s Guide to Going Solar.

How can I save money on solar energy?

The most powerful savings tool for homeowners who buy their solar systems is the federal solar tax credit, available for installations through 2033. It allows you to subtract 30 percent of the cost of buying and installing solar heating, electricity generation, and other solar home products from your federal taxes.

Does going solar cost a lot?

Thanks in part to Solar Energy Technologies Office (SETO) investments, the cost of going solar goes down every year. You may be considering the option of adding a solar energy system to your home’s roof or finding another way to harness the sun’s energy.

Should you add solar panels to your new home?

Adding solar panels to newly constructed homes can increase the sale price, attract new customers, and distinguish a homebuilder and their homes among competitors. A SETO-funded study found that homeowners across the country have been willing to pay a premium for homes with an average-size solar array.