Residential solar panels have become increasingly popular over the last couple of decades. Since 2005, the amount of homes in the United States that feature solar paneling has increased by about 32% each year. With those numbers, you can imagine how many homes have had solar panel install services here in Milwaukee. There are so many attractive reasons to consider adding a solar panel system to your own home. Here, we explore the financial savings, the potential to increase your home’s value, and the longevity of solar paneling.
Financial Savings
One of the main reasons more people are turning to solar panels to power their homes is simply the expense of their electricity bill. In other words, electricity has gotten so expensive as an ongoing utility that many people are searching for alternatives. Rather than presenting an ongoing expense, solar panels as an investment are an upfront cost that offers returns throughout the years in the form of energy-efficient electrical output. In fact, a solar energy system can significantly offset your energy costs with the average residential solar panel producing between 250 and 400 watts of electricity. The ability to produce a portion of your total amount of energy is indeed an empowering move that will give you a degree of utility independence.
Additionally, there are attractive financing options for solar panel install services. Integrated Building Systems offers financing through Clean Energy Federal Credit Union with fixed interest rate solar loans up to $90,000 with a simple application process. This financing option means you can comfortably budget access to solar energy into your financial plan and start reaping the benefits sooner rather than later.
Increase Home Value
In addition to providing upfront financial incentives and savings to accommodate your daily energy consumption, solar panel installation can significantly increase the value of your home. In fact, this particular addition can increase a home’s value, on average, by $6,000 per kilowatt of solar paneling, or the equivalent of 4.1% of a home’s overall value. This is one home investment that you will enjoy for all your years living in your home as well as when it comes time to sell your property. As more consumers focus on environmentally friendly products and goods and renewable energy systems, the demand for solar-powered homes will only increase.
Even though home and property values can significantly increase with the addition of solar paneling, in Milwaukee that does not mean your property taxes will increase. In Wisconsin, there is a 100% tax exemption for solar panel additions to one’s home. So, while you are enjoying the investment benefits of solar panels, you will not need to worry about surprise expenses associated with them. Instead, you’ll enjoy tax credits and incentives for participating in this environmentally friendly trend.
They’re Long Lasting
Another reason so many Milwaukee residents have chosen solar panel system installation for their energy needs is the value of their long term investment. When you have solar panels installed on your property, you will not need to worry about replacing or upgrading them for decades. In fact, the average solar panel functions at its utmost capacity for 25-30 years before its abilities start to deteriorate more noticeably. This means you might have your same solar panels for several decades before you would notice enough depreciation to replace them.
Some minimal maintenance is ideal for keeping your panels functioning efficiently and without incurring damage. Professional solar panel technicians should occasionally clean and service your paneling, removing debris and checking for any issues. You can schedule these around seasonal changes and other annual house inspections and maintenance. With these regular checkups, you will surely enjoy the functionality and independence of solar paneling for an impressively long time.
Solar Panel Install Professionals in Milwaukee
Why keep paying those high electric energy bills from the local utility company while many other Milwaukee homeowners are benefiting from the wonders of solar energy? If you’re wondering how they might work on your own house or have other questions about solar panel installation, reach out to Integrated Building Systems. We are your solar panel installation professionals in Milwaukee and will be happy to talk you through the process and get you started on your journey toward more energy independence.
