Should You Buy a Solar-Powered Home?

When you’re in the market for a new home, there are plenty of decisions to make.

You have to choose the type of home you want to buy, settle on a neighborhood, and pick a real estate agent. Increasingly, prospective homeowners are also having to choose between buying solar-powered homes and homes that’re powered by electricity generated from fossil fuels.

So, should you buy a home that’s fully powered by solar panels? Is it worth it?

In this article, we’re powering into everything you need to know about purchasing and owning a home with a solar power system. Read on!

A Solar-Powered Home Is Key to Sustainable Living

Over 75 percent of Americans are looking for ways to live more sustainably. You don’t have to be a scientist to see that climate change is starting to have adverse effects on our planet.

If you’re one of the people who want to live more sustainably, what better way to do so than buy a solar-powered home? Solar energy is clean and 100 percent renewable. You’ll take big steps toward reducing your carbon footprint.

However, there’s more to this than your own carbon footprint. Electric companies that mine and process fossil fuels are the biggest cause of greenhouse emissions. By buying a solar-powered home, you’ll have helped reduce America’s demand for and reliance on fossil fuels. Facing declining demand, fossil fuel companies will be forced to reduce their production, which will lead to lower greenhouse gas emissions.

The Prospect of Low Energy Bills

Homeowners have to make do with energy bills, averaging $115 a month.

Buying a solar home comes with the prospect of lower energy bills. In fact, it’s possible that you’ll never have to pay any energy bill if the home is fully powered by solar. All you’ll need to care about is the maintenance and repair costs of the home’s solar power system.

If the home is tied to a grid and is located in a jurisdiction that has a net powering program, you could earn credits if the system sends back the extra power it generates to the grid.

The Value of a Solar-Power Homes

The downside to buying solar powered homes is you’ll likely pay more compared to what you’d have paid for comparable homes without solar power systems.

There’s nothing wrong with this, especially if you’re prepared to meet the cost. The big question is, will the home pay for itself, or will you recoup any value?

Generally speaking, solar-powered homes have more value. As more and more people embrace sustainable living, the demand for solar homes is only going to keep rising. This means the value of these homes will also follow in the same direction.

Should You Buy a Solar-Powered Home? Yes!

It’s understandable that you’re on the fence about buying a solar-powered home. These homes cost more and you’re not sure whether you’ll yield any return on investment. But as we’ve demonstrated, a solar home is a smart investment.

Explore our blog for more homeownership tips and insights.