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Understanding Solar Energy
The return on investment (ROI) for solar panels varies by region but is typically between 7 to 20 years. After this period, homeowners can enjoy free electricity, along with potential increases in property value. A study published by the National Renewable Energy Laboratory (NREL) found that homes with solar panels sell for 4% more on average than those without them.
- Aesthetic Considerations Depending on your preferences, the size and appearance of solar panels can impact your home’s visual appeal.
- Reduced carbon emissions: Solar energy generation reduces greenhouse gas emissions and the production of various pollutants associated with other power sources.5