Who would ever think that the sun may increase home value, decrease utility expenses, and better lifestyles? Exactly, no one. Indeed, it turns out that we live in a reality where solar leads the world. It is not a secret that today the world strives towards environmental sustainability and aims at making the environment a cleaner, greener place to live in. At this moment, the trending and driving force to make environmental sustainability a reality is solar energy. People admire it because of its multiple benefits, primarily because of its financial aspects discussed further in the article. Usually, whenever people hear about solar power, the image of photovoltaic (PV) modules comes to their mind. They don’t consider other ways of solar power generation alongside supply and consumption. Specifically, they don’t consider different ways of home improvements through solar power as solely PV modules seem modern and flexible enough for that particular purpose. Indeed, outdoor home improvements like solar panel installation can also be completed through solar roofing with the help of solar shingles. Well, well, then which option is better? Solar roofing or solar panel installation? Let’s proceed with the article to uncover the answer alongside voicing out the financial benefits of solar.
Solar Panel Installation: Why?
One of the ways to go solar is to install PV panels. Such an investment in your property brings up the advantage of consuming a renewable resource – solar energy. This helps the progression of environmental sustainability, amplifies one’s financial state, and eliminates the problem of constant power outages alongside regional blackouts. Plus, what it brings as a gift to any homeowner is a considerable reduction in electricity bills. The thing is that solar energy consumption costs an incremental monthly fixed payment without fluctuations like it is with fossil fuels. That is, solar installation helps you to save money. Even during the purchasing process, solar panel companies like LA Solar Group and Nevada Solar Group provide you with a solar panel tax credit that automatically reduces your financial burden.
Solar Panel Installation: Increases Home Value?
Indeed, above all, it increases house value alongside renovating it. Considering the savviness, environmental friendliness, affordability, and inexhaustibility of solar energy, its phenomenon of increasing house value is beyond normal. Let’s suppose you want to buy a house and are worried about minimizing any kind of expenses associated with moving to another place. In such a situation, you suddenly come across a home that already has solar panels installed. Automatically, you ponder about saving money on switching to renewable energy consumption and start thinking about what a valuable addition this is to your wanted property. Considering everything described in the framework of the situation, of course, you are willing to pay more for that house. Similarly, people who look for houses are willing to pay for your house a considerable amount of money if you provide them with such a valuable solution to many problems in ordinary life, including power outages and blackouts.
What Roofing Services Bring?
It is no surprise that a home with a replaced roof that looks novel and modern costs more than the one with a roof of 10+ years of usage. Sometimes the procedure of roof replacement may seem costly and unnecessary to conduct. However, it is neither expensive nor unnecessary. First, replacement of the roof brings up the perk of increasing house value and reselling it at considerably higher prices. With such an advantage, the costliness of the procedure fades away as, for instance, getting $12,000 more for a home resale is the income that everyone wants. Second, roof replacement can never be regarded as unnecessary because of the benefits that come with a new roof. One of the benefits that may attract the customers over the one connected with house attractiveness is the renovation’s phenomenon of decreasing costs for cooling the area in a more efficient manner. As it seems, solely ordinary roof renovation brings financial gifts and a lifestyle change. What would solar roofing do?
In comparison to solar panel installation, solar roofing is all about flattering the way your house looks, maximizing the sun’s efficiency, and combining roof renovation with the solar array. Solar roofing is usually done through solar shingles, which are alternatives to solar panels. The main differences between PV modules and solar shingles are the latter’s shine, brightness, flatness, and compactness. Solar shingles really make homes look well-designed and renovated. Plus, by undertaking solar roofing, a consumer basically eliminates the need to replace the roof and then separately install solar panels. Such an opportunity makes home improvement convenient for the consumer, too.
The Biggest Financial Gift of Solar
What’s more interesting with solar home improvement is that they help generate income in both cases with solar shingles and solar panels. How is that possible? There are two ways of making solar installation a source of income.
The first one is selling excess energy generated by the solar panel system back to the electric grid. There is such a thing called net metering that helps the consumer monitor energy consumption in an efficient manner and get money for sending extra energy back to the utility. It is one of the best financial incentives for people to go solar as they treasure the savviness of solar installation. Not to mention, the opportunity of consuming energy without worrying about excess consumption or loss drives people’s desires to go for the solar purchase.
The second one is the solar stock investment. Turns out, the solar industry can grow consumers into investors. Ways of becoming an investor in the solar industry are a plethora. Indeed, just by making the solar purchase, a consumer automatically becomes eligible for making the investment, no matter the size. A couple of the most common ways of investing in solar stocks is buying a portion in a solar company, getting engaged in renewable mutual funds, or trading your own solar power stocks in the market.
Home improvement can be made in multiple ways; however, not all of these ways are as renewable, affordable, savvy, modern, and novel as solar installations. Whether you decide to do solar panel installation or solar roofing, home improvement would definitely be sustainable, cost-effective, and up-to-date.