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Increase Your Homes Value without Increasing Your Property Tax
Some may ask, "what happens if I sell my home a few years after I install my system? Will I loose the money I invested?" No! According to the National Appraisal Institute, your home's value will increase by $20 for every $1 per year you save on your electricity bill. So for example, if you save $1,500 per year in electricity costs, your homes value will increase $1,500 x $20 = $30,000, which comes out to close to what you would pay for a system that size. So in the end, you will get the money back you paid for your system when you sell your house, IN ADDITION to the money you save every month in electricity costs! This is a no-brainer investment. Investing money in a solar system, is like putting your money in a savings account with a 15% interest rate!
Even though the value of your home is raised by the above mentioned amount, by law*, your property tax will not increase a penny! This is a HUGE advantage to a home owner.
See the other great financial benefits of a solar system.
*This law only applies to California.