Once you have solar installed, it will save you money every month—and potentially even turn a profit.
The upfront costs of solar installation balance out when you consider the long-term benefits of home solar power. Programs like solar net metering and selling SRECs make solar more attractive for homeowners. And if you sell your solar-equipped home, you could see a big return on your investment.
Solar Net Metering
Solar “net metering” allows homeowners to bank extra power from the sunniest days of the year. “Credits” can then power your home through a cloudy day or a long winter, lowering your energy bills all year round. Not every homeowner has access to this program, but if you do: it’s a great way to maximize your solar savings!
Sell SRECs for SREC Profits
Could your solar panels make money for you? If you can sell SRECs, you can turn your solar power into profit. Not every homeowner is able to do this. But some homeowners can make thousands of dollars in SREC profits per year. Let’s find out whether you could start earning money in SREC markets.
Home Solar Resale Value
Read on for key takeaways from a recent national study on selling solar homes. Then we’ll break down some tips to make your home as attractive as possible to homebuyers hunting for an environmentally conscious home.
(Illustrations: energy cost by supalerk laipawat, stock market by ProSymbols)