Do Solar Panels Increase Home Value In Oklahoma?

For most OKC homeowners, saving on energy costs is the primary reason they decide to install solar panels but homeowners often ask, “do solar panels increase home value in Oklahoma?“

The short answer is yes, but there are many factors that will influence the amount of increased value. Find out what to expect (and some surprise benefits) when installing solar panels in Oklahoma below! 

How Solar Panels Increase Home Value In Oklahoma 

There are many ways to add value to your Oklahoma home. But, as many realtors will tell you, there’s a difference between adding value and adding an expense. Pools, hot tubs, and excessive landscaping may give prospective home buyers a “wow” factor. Still, maintenance costs quickly add up, leaving some homeowners to shy away from these perceived upgrades. 

Solar panels are different – lower energy costs save homeowners money and require very little maintenance. 

Why is a home’s energy efficiency important? First,  80% of homebuyers look for energy-saving upgrades and list energy savings as a top priority. According to the National Renewable Energy Laboratory (NREL), energy-efficient upgrades are in high demand. Every dollar saved on energy costs increases the home’s value by at least $20. 

According to Zillow, homes with solar panels sell for 4% higher than homes without solar energy. For most homes across Oklahoma City, that translates to $10,000 or more. 

Are Solar Panels A Good Investment In Oklahoma?

Don’t let the cost of switching to solar energy in Oklahoma City scare you! All solar power systems installed in Oklahoma qualify for the federal solar tax credit which reduces upfront costs by 26%. In addition, this deduction significantly shortens the overall payback period for a solar loan meaning you can own the system outright much faster. When you factor in how much you save each month on utility bills and the increase in home value, switching to solar is one of the best investments you can make!

How Much Can Solar Save You? 

Delta Energy Solar is passionate about helping homeowners save money on energy, take control of their power usage, and reduce their environmental impact. We can also help you maximize the value of energy-efficient upgrades to your home!

The process begins with a comprehensive solar quote. Our team will analyze your home’s energy usage, your roof’s condition, and more. With this information, you will know how much you will have to spend and how much you can save when adding solar panels to your home. Click below to schedule your free solar quote today!

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