Solar Powered Electric Systems: Shopping For a New House
Article by Rena Giannoulakis
Solar Energy Systems and Shopping For a New House
With high energy prices, concerns about global warming and an increasing desire for energy independence, the homebuilders increasing integration of solar electric systems in their new homes because buyers are asking. This trend is likely to make solar energy a must in a typical new home, like energy efficient windows or insulation.
Even with the virtual collapse of the housing market in the U.S., the adoption for home builder to add solar powered electric systems has increased significantly. Home buyers will continue to focus on energy efficiency of there homes and for savings .. Consequently, the original developers are offering more solar powered systems either as standard or an option in their communities.
Owners can enjoy dividing the cost of solar energy systems in low-interest mortgage. They also receive rebates, tax credits and tax deductions for net savings in their first month of ownership.
Finally, a robust market for solar homes benefits society by creating a greater energy independence, reduce air pollution and, over time, providing a more stable energy supply thats affordable.
Benefits of solar energy
In the new house you purchase, when you select a new solar powered home, you usually get the most efficient advanced solar energy electric systems installed for the lowest price making the systen less expensive. With proper planning and supervision by the home builder and their co-solar energy experts, you will get an energy solution for high performance from the full sun. You will also have peace of mind knowing your solar energy modules are covered by a long-term guarantee which is usually 25 years.
In fact,of home builders constantly meeting the buyers showing a home with solar power and solar ready equipped with new homes, word-of-mouth and referrals play an important role in promoting sales of new solar homes. A survey showed home builders for over 90 percent of homebuyers recommends solar powered electric systems in new homes to a friend.
In view of aesthetic options, lower energy costs and environmental impact of new solar powered electric home systems, solar owners are very likely to encourage others to follow their example. These benefits are described in more detail below. Integrated solar systems today come in a variety of configurations. Photovoltaic systems with modules mounted on an existing roof are still the most common. However, new home construction can benefit from integration methods such as “tile inset.” With a tiled inset, the modules are mounted in line with the tile and present an attractive option for the buyer.
Solar Energy Financial Incentives and Cost Savings
Buying a new home that incorporates solar hot water, solar electricity or both, and roll the cost into the mortgage your monthly payment increases only slightly. By including the price of new solar powered systems in a mortgage, with interest rates now extremely low, there has never been a better time to install solar energy in your new home.
The solar investment often results in an immediate positive cash flow for the buyer. In other words, the higher mortgage payment is offset by low to no electricity bills from the start.
Some mortgage lenders even credit the energy efficiency of a home in the mortgage itself. In this scenario, borrowers may be able to stretch the debt to income ratios in qualifying for loans to qualify for a larger mortgage. In addition to the benefits of the above funding, solar energy systems for new homes may offer significant incentives and energy savings. Currently, government incentives are:
• Homebuyers can receive a time credit for federal tax equal to 30% of the price system
• Arizona offers a one-time tax credit of $ 1000 on a residential area solar system
As for energy savings, the new solar home buyers can expect the following:
• Combined with energy efficiency, solar energy is generally a cash flow positive for most buyers in the first month.
• Many owners see a 25 to 75 percent, or more, lower monthly utility costs.
• The solar electric systems can protect against rising energy costs, lower monthly electricity bills and help to predict monthly expenses.
• Most new solar home communities install other energy efficiency features that complement the performance of solar electric systems and further reduce bills.
Solar Energy in terms of home value:
• A residential system can increase the resale value of a home by helping them appreciate more rapidly
• The house that has a solar energy collection system has better energy efficiency and is enviromentally friendly.
Purchasing a new solar powered home saves money. But, it also provides an additional benefit to the environment. Help the environment by using clean, renewable energy becomes a special by-product of the sale for many buyers. In fact, home buyers who purchased a new solar energy home mainly to save money, often cite the environmental benefits after the fact. For example, many homeowners feel they are part of the solution and doing their part to the environmental movement. At the same time they reduce their electricity bills by a third or more and they reduce their carbon footprint. It’s a powerful combination of “welfare” benefits. In addition, many owners have recognized that they feel “different” in a community using solar energy because they make a difference. A common thread running through the neighbourhood and neighbours they are starting to feel a greater sense of community. These intangible benefits will be important for many buyers. They help the customer have a positive impression of the manufacturer . In addition, many buyers believe they would have had a missed opportunity if they did not buy their solar energy home. For example, studies show solar owners are more satisfied and tend to recommend their builder to others.
About the Author
Rena Giannoulakis is responsible for marketing at American Solar, one of Arizona’s leading solar companies that designs and installs solar electric and solar water heaters. Visit our website for more information on solar electric systems.
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