Improve the Value of Your Home Through Solar Panel Installation

A small house sits next to stacks of coins that increase in size similar to a rising bar graph representing raising home value.For investments to be worthwhile, they must return more than they cost. A strong case for solar energy is that it ends up paying for itself. All upfront costs end up getting taken care of through a lowered or eliminated energy bill. Over the life of the system, customers end up making 2-3 times the investment. 

That sounds smart, but many homeowners are still hesitant to move forward because they fear they won’t be in the house long enough to get the big pay-off. However, there is good news; installing a grid-tied solar energy system will boost your property value, increasing your selling potential. Even without living in your house to break even on your installation price, the extra money you get from the sale will more than make up for it.

Going by the Numbers: Increase of Up to 4%

According to the housing website Zillow, homes with a solar power system installed sell for up to 4.1% higher than homes without a solar power system. 

Another study was taken focusing on sale prices of over 22,000 homes in six states to draw links between solar power systems and home resale value. The research found that PV homes (those with photovoltaic systems) sold for an average of more than $14,000 or 3.74% more than homes without PV systems. 

Homeowners can reasonably expect to regain any investment in the system installation when they are ready to sell the house, even if they choose to move within a year or two. Added to that are the tax incentives and lowered energy bills in the meantime. 

Some states don’t factor a PV system into the value of a house, meaning your property taxes will not increase. Make sure to check your local laws. 

Two Considerations for Solar Power and Home Value

Installing a solar system for your home helps out your home value - good! But consider the following:

Keep Your System Small

PV homes sell at a premium, but that does not scale to the wattage or power they produce. More powerful systems did not drive prices up in proportion to their installation cost. So homeowners will pay more for a “green home,” but not shell out the big bucks for a more robust system. This reality might mean installing a moderate system that goes back to the grid for power during heavy usage periods (i.e. during the super hot, A/C necessary days).

Newer Systems Get You More

As with most tech, a newer system will bring home a higher resale price. As your system ages, it depreciates. There will be necessary replacement parts, and the system will get closer to the warranty cut off. 

Michigan Solar Solutions brings solar options to Michigan’s residents and business owners. We have three sites across Michigan to serve our regional communities better. Give us a call to learn more about your solar options at our Southeast Michigan location at (248) 923-3456, our Southwest Michigan at (616) 855-5055, or our Central/Northern Michigan (989) 833-5333 or find out if Solar is Right for You by clicking here.

Why Going Green with Solar Power is Good for Business

With the rise of alternative energy, there are even more options available to residential and commercial customers. Solar power provides many benefits for business owners, including increasing their value. This post will go through the top...

MSS Partners with Michigan State University Students at the Solar Decathlon Design Competition

In April, a group of 5 Michigan State University students traveled to Golden, Colorado to present their research in the U.S. Department of Energy Solar Decathlon Design Competition. The Solar Decathlon is a worldwide collegiate competition where students are faced with global sustainability issues and teams work to design energy efficient residences, work places, schools, and more that will appeal to their intended market.

Welcome to Our New Website!

We've added great new features and updated our content to bring you the most up to date information about our company.  Check back often for updates.

NEW RGS Solar Shingles!

Michigan Solar Solutions is proud to announce our new product line, RGS POWERHOUSE™ Solar Shingles! MSS is proud to have been chosen as RGS's premier partner in the state and is excited to sell a product that was originally developed by Dow in...

DTE Requests 9.1% rate increase

According to an article in Crain’s Detroit, DTE submitted a rate increase of 9.1% for residential customers and 4.3% for commercial customers.  Industry professionals anticipate other electric companies in Michigan to follow...

Pearl Certification

Michigan Solar Solutions is Pearl Certified! Only the network of elite, highly-quality contractors can offer Pearl Certification. Michigan Solar Solutions is the only Pearl Certified solar contractor in Michigan. In other words, you can have...

Statewide Solar Home Tours

Learn About Solar From Your Neighbor 23nd Annual Michigan Solar Home Tour and Open House Coming to a Community Near You  LANSING – On October 6, the Great Lakes Renewable Energy Association (GLREA) is sponsoring the 23nd Annual Michigan Solar...

Emergency Power System: Grid-Hybrid

Michigan Solar Solutions wants to help homeowners to understand the value of having an emergency power system. The story below is meant to help homeowners understand what options are available and what benefits each option offers. As evening...

MSS Welcomes two new staff members

Michigan Solar Solutions welcomes two new staff members to its ranks.   Mikki Blinke has joined our Operations department and will become the primary contact for customer service.  Prior to joining MSS, she worked as an office...

Solar: Is it right for you NOW?

You may have read our previous blog Is Solar Right For Me?  In that blog, we provide a lot of information showing why everyone should be looking at solar.  Financially, it just makes sense - long term.  But, there are...

Michigan Solar Policy Updates - The Good & The Bad

Earlier in the year, we asked for your help in reaching out to the MPSC to encourage them to keep reimbursement rates the same - in favor of solar.  On April 20th (Earth Day of all days!) their decision was made public.  Michigan Solar...

Sales Property Tax Update - GLREA

The consumer tip, Personal Property Tax Exemption for Solar Panels, released by the Michigan Agency for Energy (MAE) and Michigan Public Service Commission (MPSC) has caused much confusion as some local tax assessors have...

Personal Property Tax Exemption for Solar Panels

Michigan property owners with solar panels are likely eligible for 100 percent tax exemption Current tax rules likely exempt most small-scale systems LANSING, Mich. – The Michigan Agency for Energy (MAE) and Michigan Public Service...

Tariff on Solar Panels

The president has taken the recommendation of the International Trade Council and instituted a 30% tariff on most imported solar cells and modules. While the solar industry voice has been very loud in opposition we need to keep in mind the industry...

Solar in Grand Rapids Michigan on the Rise

Congratulations to Grand Rapids Michigan!        In December of 2017, Grand Rapids Michigan became one of just twelve cities across the U.S. selected to participate in the Zero Cities Project,...

Do Solar Panels Work in the Snow? YES!

Solar Panels Work in the Snow in Michigan People often ask if their solar panels will work in the snow.  The answer is yes. . . some times.  You can see in the photo above that the Michigan Solar Solutions office in Riverdale...

Michigan is 15th Best in the Nation for Solar!

Michigan is the 15th best state in the country for return on investment for dollars spent on solar. The cost of the system, cost of electricity, state policy and the output of the system were used to establish the return for all fifty...

Energy Savings

Through energy savings actions, the average home can reduce their energy consumption by 40%.  Being energy efficient extends the life of appliances and makes your home more comfortable!  You can reduce consumption without losing quality of...

Is Solar Right for Me?

Have you ever wondered if solar makes sense for you?  The truth is solar makes sense for many homeowners, but they never really investigated it.  Solar can save you tens of thousands of dollars over the life of the array.  Solar...

SB438 Senate Bill

November 9th 2015 Currently the state senate energy & technology committee is debating bill SB438.  This bill will decrease the amount of credit solar net metering customers receive for the power they put onto the grid.  The current situation...

DTE SolarCurrents program ends TODAY!

Let MSS submit your application for solar incentives today.  DTE is taking applications until 5:00pm today February 13, 2014.  Drawing to be held February 27, 2014.  There is no risk to enter the application process.

Builders and Developers

Solar energy is on the rise in Michigan! Builders and Developers should offer solar as an option or a standard feature on your homes. Homebuilders around the country are becoming more savvy about the benefits of solar and how it can sell homes...

Sun Facts

  Michigan's climate creates more voltage per sunlight hour than hotter climates like Southern California, Arizona and Florida because solar panels perform better in colder temperatures. The Earth receives 122 petawatts (122 with 15...

Wind Facts

In 2008 the USA became the largest producer of wind power in the world. Good wind turbine location is very important. An increase in wind speed of 25% could double the power produced from the turbine. Michigan's Lake Michigan coast and...

Wind Turbines

There are two basic styles of wind turbines; Horizontal axis and vertical axis. The horizontal axis is the type most people think about that resembles a fan. The vertical axis is the style that has the blades that spin around the tower. *...

Fun Facts

Wind Facts In 2008 the USA became the largest producer of wind power in the world. Good wind turbine location is very important. An increase in wind speed of 25% could double the power produced from the turbine. Michigan’s Lake Michigan coast...

Do It Yourself

Michigan Solar Solutions offers our Parts and Smarts program, for those that are handy and enjoy "Do It Yourself" projects.  This option allows you to do some of the installation work yourself and will save you thousands of dollars on...

The Average Return on Solar in Michigan is Over 10% Per Year

Michigan Solar Solutions - Solar Panel Installation Company - icon-sun
Want to discover how much you’ll save?

Using only satellite imagery and your most recent electric bill, our solar experts can provide a detailed proposal with up to 98% accuracy. The best part is there’s zero obligation and zero pressure. We’re confident once you see what you can save, you’ll upgrade to solar.

Is Solar Right for Me?