Solar Panels Los Angeles-Why Solar Installation is a Great Home Improvement

1. Solar panel installation adds a higher percentage of
resale value

As a homeowner, you know that any type of remodeling is a
great way to improve its resale value. Installing solar panels on
your roof is also a great investment that can increase the value
of your home by 80%-150%. Keep in mind that a solar thermal or
electric system will rise in value as energy rates continue to
rise while other home improvements will decrease in value.

A residential solar system compares very well with other
improvements in percentage of cost covered. It is not uncommon
for homeowners to recover 100% of the installation cost. This
percentage will only increase with time even as electricity rates
continue to increase. Large solar panel systems are able to
recover over 150% of their cost in value. It is important to get
an experienced
solar company Los Angeles
so that your solar panels are properly installed and energy
production is maximized .

2. Banks and mortgage companies say residential solar
systems increase property value

A residential solar electric system can increase your
property value by decreasing utility operating costs. According
to the Appraisal Journal," a home's value is increased by $20,000
for every $1,000 reduction in annual operation costs from energy
efficiency." This study shows the standard that is used by banks,
real estate appraisers, and mortgage companies. With the help of
a
solar company Los Angeles
you will be able to take advantage of federal tax incentives
while simultaneously increasing the value of your property.

3. Home buyers are willing to pay more for a home with
solar panels- and they sell faster

According to a recent survey, 50% of home buyers said
that they would be willing to pay up to 10% more for a home with
solar power. With increasing energy costs, homeowners are looking
for a way to reduce high utility bills as much as possible. Now
more than ever, there is a demand for green-home design features
and products such as solar panels, geothermal heating and
cooling, and water reclamation systems. Aside from the monetary
incentives, there are many other reasons why homeowners decide to
install solar panels on their home. Solar panels are a good way
of reducing your household's carbon footprint. To learn more
about solar benefits contact a leading solar panel installer in
Los Angeles.

For references please visit:

http://www.switchrenewableenergy.com/why-solar-great-home-improvement