If you own a Paradise Valley luxury home, you may be wondering about the benefits of going solar. Based on the latest statistics, it appears that installing a solar energy system can make good financial and environmental sense. If you’re considering going solar, here are some things that may help you with your decision:

Installation costs are at an all-time low

According to Bloomberg, in 1977 the price per watt for solar installation was more than $76. By 2015, the price had fallen to just $0.57 per watt.

Government subsidies won’t last forever

You can reduce the cost of installing solar power by 30% with a federal renewable tax credit through 2019. After that point, the plan is to phase out the credit as solar becomes more commonplace. In addition, Arizona currently has solar energy incentives, but it is not certain how long those incentives will be in place.

Solar can increase the value of your Paradise Valley luxury home

According to the National Renewable Energy Laboratory, homes with solar power are selling faster than their non-solar cousins. And, the value of a home with solar energy is typically higher, although in the luxury market, the increase may not be as significant as with a smaller property. But, no matter what size the home, there is value in the prospect of a faster sale of a home with a solar energy system.

Solar panels don’t need to be on the roof

In a Paradise Valley luxury home, there is often enough property to place solar panels in a place where they aren’t immediately obvious. And, with the extremely high average number of sunny days in the Phoenix area, it’s a perfect place to get the most from solar.

Doing your part for the environment

Every home that changes to solar power can make a difference to our environment. Using the EPA’s CO2 emissions calculations, a residential solar energy program of about 5 kW can reduce carbon emissions by 6.7 tons per year. If you are a Paradise Valley luxury home owner concerned about your carbon footprint, this report may be worth reading.

At Walt Danley Realty, we’re proud to represent Paradise Valley luxury home owners when they decide to buy or sell property. We are also glad to do our part in protecting the Paradise Valley environment. If you have questions about the real estate market here, please contact one of our luxury market experts.

Paradise Valley Luxury Home &#124; Solar Power - Walt Danley - Walt...

Paradise Valley Luxury Home | Solar Power - Walt Danley - Walt...