Depending on the size of the solar system, you could see between a 50-75% reduction in your house’s electricity costs. A solar energy system can pay for itself over the course of 6-8 years.
There’s never been a better time to go solar. Solar installation costs have dramatically decreased over the past decade. And thanks to the Federal Investment Tax Credit, homeowners can receive a tax credit equal to 30% of the total cost.
In the housing market, solar panels can be a big plus: an important study by the National Renewable Energy Laboratory (NREL) shows that houses with solar panel systems sell faster and for more money.