Are you considering installing solar panels in your northwest Arkansas home? If so, you will find that there are many benefits to installing solar panels in northwest Arkansas. Not only will you be helping to reduce your carbon footprint, but you can also potentially save a great deal of money while also reducing or eliminating your dependence upon the electric company. You may also be surprised to learn that installing solar panels can actually increase the value of your home without increasing your tax burden.

Increase Your Home’s Value with Every Dollar You Save

According to the U.S. Department of Housing and Urban Development, the value of your home increases by up to $20 per watt for every dollar you save on your utility bill each year.  Therefore, if you save $50 per month, which means a total savings of $600 per year, your property value can increase by as much as $12,000. If you save $100 per month on your utility bill, your home’s value can increase by as much as $24,000.

Getting Expert Input to Determine Your Home’s Value

Of course, the actual amount of value added to your home will vary from market to market. Therefore, if you want to get a better idea of exactly how much value the solar panels are likely to add to your home, you might want to contact a real estate agent who specializes in your area. With the help of a professional real estate expert, you will be better able to determine the full value of installing solar panels in your northwest Arkansas home.