Report: Solar Could Add $15,000 to Your Home Value

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Report: Solar Could Add $15,000 to Your Home Value

Citing an article from Daily Finance, solar panels could add a significant value to your home.

“In a study of home sales in eight states between 1999 and

Image courtesy of Ross Chandler

2013, the Berkeley Lab found that a solar power system was worth about $15,000 to home buyers, or about $4 per watt. That’s a significant addition in value[.]… Just remember that solar panels could save you money every month and add value to your home, but owning the system may have the most impact and make your home even more attractive to potential buyers.”

With the increase in environmentally conscious buyers, adding a solar system to a home is also a great option for builders looking to sell an eco-friendly building.

When you purchase a solar system, the study in this article and others show on average you will make your investment back if you were to sell your home.  Ailey Solar has partnered with Admiral’s Bank to offer third-party financing options that we are happy to discuss with you.


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Solar Chicago | 25% Below Market Rates

We are excited to announce that we have recently partnered with Solar Chicago, the City of Chicago and Vote Solar initiative to bring affordable solar to the Chicago area! After a competitive bidding process, Ailey Solar, Juhl Renewable Energy Systems, Microgrid Solar, and Kapital Electric were selected by the committee as contractors for the program. This program is designed to provide you with the cheapest installation costs, coming in at 25% below market rates.

You still have a chance to express interest in the program (without obligation) until September 30th. We highly encourage all Chicagoland residents thinking about solar to apply. If you choose to participate in the program, there is a likely chance that Ailey Solar will be installing your system, though initial contact would be through a different company, such as Juhl Renewable Energy Systems or Microgrid Solar. If you would not like to participate in the program and go through us directly, we would still be happy to work with you, though program rates would be lower due to the grant funding of Solar Chicago.

To express interest in the Solar Chicago program, please register at                                                     http://www.mygroupenergy.com/group/solarchicago.

 
For more information about the program, here is a Chicago Tribune article written about Solar Chicago from last month. http://www.chicagotribune.com/business/breaking/chi-rooftop-solar-discount-program-20140709-story.html
Thank you and please let us know if you have any questions or concerns.

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ComEd Prices Increasing – Not for Solar Customers!

The Chicago Tribune notes ComEd is getting ready to increase prices again just in time for the summer.  Now would be the perfect time to switch to solar.  Choosing solar means no longer having to worry about price increases for your solar usage while you produce your own clean energy from your roof!

From the article:

Image courtesy of Michael Tercha/Chicago Tribune

“Starting June 1, Commonwealth Edison customers on average will see monthly bills jump 21 percent, to about $82 a month from about $69 a month.

City residents and others who have switched to competing suppliers won’t escape the higher prices because the cost of all electric power is higher.


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Ailey Solar Installation, June 2013

Chronicle: Solar panels seen as boost to homes’ resale value

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Category : Solar Trends

Ailey Solar Installation, June 2013

Ailey Solar Installation, June 2013, Oak Park, IL

Great news for people that choose solar: another study shows adding solar to a home significantly boosts its resale value.  The San Francisco Chronicle:

In California at least, home buyers are willing to pay a premium for solar.

A new study from Lawrence Berkeley National Laboratory finds that houses with rooftop solar panels sell for higher prices than comparable non-solar homes.

In general, that premium more than covers the cost of the panels themselves, with homeowners making a small profit on their solar investment. Bigger solar arrays fetch higher premiums than smaller ones.

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