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How Solar Panels can Help You Sell Your Home

by on July 1, 2009

If you’re hoping to sell your home, you may be surprised to learn that solar panels can increase your chances of a quick sale. Besides being unique and interesting, solar panels provide a long-term savings net in the form of reduced energy costs.

On top of that, any buyer who cares about taking care of the environment will appreciate the pollution-free, renewable-resource appeal of solar panels. Read on to learn more about how solar panels can save you money and help you sell your home.

Solar panel basics

Solar panels harvest light from the sun and convert it into electricity. This is made possible through photovoltaic cells, which are arranged in a grid pattern across the surface of the solar panel.

Photovoltaic cells (also called solar cells or PV cells) are made up of semiconductors like silicon (silicon is actually the most common semiconductor found in PV cells). When sunlight hits a cell, the semiconductor material absorbs a certain portion of it. The energy from the absorbed sunlight is transferred to the semiconductor.

Once energy is in the semiconductor, electric fields force electrons from the absorbed energy to flow in a specific direction. This creates a current. That current can then be drawn out of the PV cell and used as electrical power.

When a photovoltaic system is properly installed, it can provide clean electricity for twenty years or more. Such systems also require very little maintenance.

How to power your house with solar panels

A handful of options exist when it comes to powering a house through solar energy. If you want to be completely energy independent, then you’ll have to design a solar panel system that includes batteries for energy storage. This ensures you can have electricity at night and on cloudy days.

The drawback to using batteries for energy storage is that they add significant costs and maintenance requirements to a photovoltaic system. An alternative then is to connect your house to your local utility grid in a way that allows you to purchase power when you need it.

Connecting to a utility grid also gives you the opportunity to sell any surplus energy you may produce back to your power or utility company. The utility company will likely only buy power from you at a fraction of their selling price, but it’s certainly better than nothing.

How to design solar panels for your home

To power a home with solar energy, you’ve got to start by setting your solar panels up with the correct orientation. That is, they have to be facing the right direction at the right angle to absorb the maximum amount of energy year-round. Solar panels should never be placed where they’ll fall in the shade of trees or other buildings.

Next, you need to decide how much system voltage you want. You can control this by the number of modules you choose to wire in each of your panels. Your voltage requirements should be based on your average household demand, which you can determine by looking at how much energy you get charged for on your monthly utility bill.

It’s quite important that you factor meteorological data into your solar panel design. You should account for cloudy and rainy days, along with more subtle factors like humidity levels and altitude. Design your panels so the maximum amount of energy you need can be absorbed in the worst month. This will ensure you have enough electricity throughout the year.

When solar energy is the right choice for your home

To a buyer, a pre-installed, fully-functioning photovoltaic system is a gem of a deal. The single drawback to setting your house up with solar energy is the startup cost; once the system is designed and installed, it’s quite cost-effective.

Solar energy is a particularly wise investment if you live in a remote area where electrical power is either sporadic or not available at all. In such cases, footing the bill to get a system installed will be worth your while when it comes time to sell your house. Energy independence in isolated locations is a fantastic selling point for a home.

If you live in an urban area where electricity is easily and cheaply available, the appeal of solar energy is greater for the environmentally-conscious than it is for the budget-conscious. To make solar panels a worthy investment in an urban situation, you’re better off connecting to an energy grid so you can make the best of both energy options.

To save money on startup costs when installing a solar panel system on your home, look into do-it-yourself solar panel kits and other discounted ways to acquire solar panel hardware.

A trend for the future

Though solar energy is still far from being a conventional source of electricity, it’s definitely trending upward in popularity. As interest in solar energy grows, manufacturing costs will decline. Already, prices on solar panel equipment are falling and module efficiency is rising.

Take the leap and be among the first to implement this new technology. Not only will you be doing the environment a favor, you’ll also boost the appeal and selling power of your home.

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