In addition to solar being a better investment than CD’s and MUTUAL FUNDS, property owners can benefit from installing solar thanks to multiple benefits.
Louisiana Net Metering
Our Net Metering Law allows solar PV system owners to bank excess electricity back to the utility company at retail rates, for a credit to owners’ accounts. When a solar system generates more electricity than is consumed by the home, such as a sunny afternoon, the extra electricity is sent back the utility grid, and the utility company credits the system.
Bayou Solar offers several residential and commercial financing options. Contact Bayou Solar to learn more about our exclusive 0 down, NO INTEREST, NO PAYMENT Solar Finance options.
Solar Power Homes Appraise Higher
A Louisiana residential solar power system will increase your home’s property value immediately! According to the Appraisal Institute, for every $1 reduction in annual electric bills due to the installation of a residential solar power system, your home’s value will increase by about $20.
Solar Power Homes Are More Marketable and Sell Faster
A residential solar powered home is easier to market and sells faster. According to the LA Times, there is a bright spot in the current slow residential real estate market: Residential Solar powered homes are outselling homes with traditional electrical systems across Louisiana. Developers recognize the marketability of Louisiana residential solar powered homes and are increasingly including Solar technology in new home design. When it comes time to sell, you will have your significantly reduced or zero cost electric bills to show potential buyers. Homes with a residential solar power system have significant sales leverage over homes with traditional electrical systems for sale in your area because buyers love the idea of having lower monthly bills!