Low electricity costs lower savings.
Pros and cons of solar panels on your home.
Solar panels are great because you can install them on your home s rooftop without the need for any additional space apart for the batteries in a garage for instance.
The argument for the average american homeowner to install solar panels for their home is now better than it has ever been as the benefits far outweigh the drawbacks.
Earn money back on your investment.
Improve the value of your home.
While upfront installation costs can be high the cost benefit is clear.
1 as a result solar has a fast growing appeal among middle class americans.
Doesn t work for every roof type.
Solar panels are increasingly desirable in the real estate market.
Reduces your electric bill.
Let s take a closer look at each of these solar energy pros and cons.
Solar panels last for a long time at least 20 25 years in most cases so even if you don t have plans to sell in the near future you can still reap their value boosting benefits when you do eventually decide to put your house on the market.
Some of the advantages of generating your electricity at home from solar panels include.
This saves money on electricity bills.
However if you re really.
For the average home in the united states that s a boost of almost 10 000.
Studies have found that solar panels increase a home s value by around 4.
Lower your electric bill.
Once limited to consumers with deep pockets and strong environmentalist values solar panels are less expensive than ever and are saving customers huge amounts of money per year.
Reduce your carbon footprint.
Not ideal if you re about to move.
Buying panels can be expensive.
Combat rising electricity costs.
You should install solar panels if you re looking for a way to save on energy expenses in the long run.