Solar power has become a popular alternative energy source in America, particularly in the Midwest. Homeowners in Milwaukee are increasingly turning to solar panels to save money on their electrical bills, increase the value of their homes, and make a positive environmental impact. As your Southeastern Wisconsin solar panel expert, Integrated Building Systems understands the benefits of solar panel installation for your Milwaukee home. Here, we discuss 3 of the top reasons to consider this valuable home upgrade.
Cost Savings from Solar Panels
One of the most significant benefits of solar panels is the cost savings they provide. By installing solar panels, you can reduce your electric bills and save money in the long run. Solar paneling costs have decreased in recent years, making them more accessible to homeowners. Additionally, financing options are available for homeowners who want to install solar panels on their homes. At Integrated Building Systems, we partner with Clean Energy Federal Credit Union to offer solar loans of up to $90,000 for homeowners who want to install solar panels.
In addition to the potential for cost savings on electric bills, homeowners who install solar panels may qualify for solar tax credits. The federal government offers a tax credit of up to 26% of the cost of installing solar panels. State and local governments may also offer additional incentives for installing solar panels on your home.
Potential for Increasing Home Value
Another benefit of installing solar panels is the potential for increasing your home’s value. On average, solar panels increase a home’s value by $20 for each $1 of the home’s utility bill. In other words, a home with a utility bill of $1,000 per year could increase in value by $20,000 with the installation of solar panels. Even without the added benefit of reducing electricity costs, solar panels can increase a home’s value by up to 4% of its worth. And on top of increasing your home’s value, solar paneling can make your home generally more desirable to potential buyers.
Positive Environmental Impact
The positive environmental impact of solar panels is another significant benefit. By installing solar panels on your home, you can reduce greenhouse gas emissions and contribute to countering the negative effects of climate change. Specifically, solar panels promote cleaner air by reducing the use of fossil fuels and reducing water waste. Over time, the use of solar power can help protect human and animal habitats by reducing the negative impacts of climate change.
Solar Panel Installation Milwaukee
Integrated Building Systems is a trusted provider of solar panel installation services throughout Southeastern Wisconsin. If you are interested in having solar panels installed on your home in Milwaukee, contact Integrated Building Systems today to learn more. We offer a variety of solar panel installation options, including roof-mounted solar panels and ground-mounted solar panels. Our team can help you determine the best solar panel installation options for your home, including the potential cost savings and incentives available. With our expertise and experience, we can help you take advantage of the many benefits of solar panel installation.