The Best Solar Companies in New York Can Increase Your Home’s Value
Solar is an effective way to save money on your electric utility bill. What you might not realize is that solar can also increase the value of your home. Solar power in New York is an investment that can pay for itself over time. If you sell your home during the serviceable lifetime of your panels, your home could attract higher offers. The best solar companies in New York understand this and will work to install reliable and durable solar systems. New York Power Solutions is one of these companies. See why solar is a great long-term investment and talk to our team to start planning your New York solar installation.
There’s a Difference Between Leased and Owned Solar Power in New York
There are countless programs for leasing solar power in New York, but they don’t return the same value as a system owned outright by the homeowner.
- Leased solar belongs to the installation company. It can create bill savings, but the return on investment ends with the leasing company.
- If you install solar power in New York and pay for it outright or through financing, all the savings belong to you.
According to a recent report by the Wall Street Journal, a home sold with leased solar panels doesn’t create any additional value for the seller. However, a home sold with functional solar panels can attract a higher offer, usually equivalent to the original New York solar installation cost.
Solar panels are durable and can last around 25 – 30 years in most cases. So, even if you sell a home ten or fifteen years into the life of the panels, the buyer will be willing to pay a premium.
How Important is a New York Solar Installation to Buyers?
Do homebuyers look at solar panels as a major feature of the home? According to industry research, the answer is yes.
Data generated from the National Association of Realtors Research Group finds that…
- 36% of realtors find that a solar installation increases a home’s perceived value for both an appraiser and a buyer.
- 20% of realtors now believe that solar panels are important for buyers.
The second figure will only increase as electric utility bills continue to skyrocket. A New York solar installation can dramatically reduce the monthly utility cost for a homeowner.
Make a Better Investment with Solar
If you want to get the greatest returns from solar, you need to be able to choose from the best solar companies in New York.
New York Power Solutions is a veteran company in the solar and roofing industry. Our technicians, engineers, and support staff have decades of experience working together to create efficient and affordable systems. As one of the leading solar companies in New York, we’ve delivered reliable solar to more than 5,000 homes and businesses. Our company is a member of the Solar Energy Industries Association, we are NYSERDA Approved, and we have built up a strong level of trust throughout our service areas in New York.
New York Power Solutions makes it easier to go green with solar. And it all starts with a ballpark estimate.
Get Ready for Solar with New York Power Solutions
With the best solar companies in New York, you can get the best service and an easier pathway to solar.
With our team, it starts with a free ballpark solar estimate. From here, we can schedule a site visit, and we’ll provide a cost/benefit analysis with an energy savings evaluation and consultation. You’ll know exactly what solar can do for you, helping you to make the right decision. Start your switch to solar and enjoy incredible savings that give you more financial freedom.