It goes without saying that using power generated from the sun will reduce the amount of electricity used from the main power grid, which will reduce the household’s utility bill. In most cases, solar panel systems save between 50% and 75% of an electricity bill. The money saved can go towards paying the solar panels off or other household expenses.
Energy-efficient elements add value to a home, and a large percentage of the initial outlay of such elements is recouped when the property is sold.
“According to the NAHB, approximately 61% of home buyers would be prepared to pay an additional R50 000 to R150 000 on a home that had features which would reduce utility costs,” says Goslett.
Information supplied by property 24 here is the link.