Increase home value and build equity.
At Custom Home Services our slogan is “Turning Energy Into Savings”. As such, we firmly believe that homeowners should own their energy, not rent it. Every month an individual makes a electric payment where does it go? Entirely to the utility company. Instead of that money going to a corporation, let it work for you. By going solar you are not only paying less every month for energy but also investing your money and adding value to your home.
When it comes time to sell your home, the process is surprisingly simple. We will assign you a solar consultant who will work with your realtor. Together they will certify that your house is listed properly as a solar home to attract buyers specifically looking to buy solar homes as well as buyers that may be unaware of the incredible savings solar provide. This ensures that you are getting the correct amount of equity for your solar system. Each watt of solar adds $3 to $4 in home equity.
Is it still worth switching to solar if I sell my house within the next 20 years?
Short Answer: Yes.
A study by Berkeley National Lab says that most home buyers are willing to pay more for homes that have pre-installed solar panels, than houses without solar panels. Each watt of solar adds $3 to $4 in home equity. The average system size in Arizona is 8,000 watts. 8,000 x $3 equals a $24,000 increase to the value of your home. This study concludes that even if you sell your house soon after installing solar, you should recoup most, if not all of your investment. You can read more about this study here: http://newscenter.lbl.gov/2015/01/13/berkeley-lab-illuminates-price-premiums-u-s-solar-home-sales/.
Your solar system will either significantly increase the value of your home, or it will pay itself off in electricity bill savings before you move out. Either way, solar power is a phenominal investment.