Realty411 Magazine Featuring Lori Greymont | Page 64

SOLAR - How REALTORS and
Investors Use it to Their Advantage
®
L
ately, I am sure you have heard the word solar
mentioned often. With the rising costs of electricity
(raised at least once per year), it isn’t a surprise
that more and more interests in the solar industry
are trending on Twitter and Google search feeds. This past
summer homeowners with non-solar homes reported their
outrage and concern due to their electricity bills pouring into
the $200-$600 range. And it’s only going up.
Energy efficient and alternative energy homes are now
being manufactured by developers looking to get ahead of
the curve on the ever-booming industry. “Why buy the house
that doesn’t have solar on it when I can buy one that comes
with it, installed and ready to use when I move into my new
home?” When presented with the option of solar or no solar
— this was the most common surveyed response for home
buyers in 2014. And it’s true. If a home-buyer does not buy
a home with solar on it, the odds of them getting it installed
after the fact, are especially high in inland areas and areas
where there are larger cooling and heating consumptions.
This essentially presents a great opportunity for REAL-
TORS® and investors. Investors are quickly realizing the
capital gain from their solar investments. With a very small
percentage of homes (under 5% nationwide) having solar,
there are still government incentives in place to incentivize
property owners to help alleviate the dependency on fossil
fuel by incorporating renewable energy.
Continued on pg. 66
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