Jake Wilson discusses the benefits of owning a solar home.
Listen to the interview on the Business Innovators Radio Network:
According to a recent study by Lawrence Berkeley National Laboratory, homes with solar panels sell for an average of 4.1% more than comparable non-solar homes. Solar homes also sold faster than non-solar homes, with the average time on market being only 21 days shorter.
Jake explained that “the solar-specific refinancing program is the first of its kind in the country. This program allows homeowners to refinance their mortgage and include the value of their solar panels in the new loan. This is a big deal because solar panels can now be used as collateral for a loan, just like any other home improvement. And it could make it easier and cheaper for more people to switch to solar power.
Why is now the best time for solar?
- 26% tax credit if the system is installed by the end of 2022.
- Electricity costs are rising.
- It is possible to go solar without paying anything out of pocket by swapping or paying a fluctuating electricity bill for a fixed monthly payment for the solar system.
By going solar, Colorado will remove over 175 TONNES of CO2 from its footprint over the next 30 years… PER HOUSE. It is the equivalent of:
- Planting of over 4,000 new trees.
- Reduce driving by 350,000 miles and over 17,000 gallons of fuel.
- 85 TONS of coal burned.
- Recycle more than 550 tonnes of waste instead of going to landfill.
Jake says, “It’s no secret that solar panels can save homeowners money on their energy bills. But did you know that solar energy can also increase the value of your home? So if you are planning to sell your home soon, solar power could be a great way to increase its value. And if you don’t plan on selling anytime soon, you’ll still reap the benefits of lower energy bills and doing your part to help the environment. We are always looking for ways to help our clients save money and make their lives easier,” said Jake Wilson, head of loans at DayOne Mortgage Group and president of Conscious Energy Collective. “This program does both by enabling more people to benefit from solar energy.”
Video link: https://www.youtube.com/embed/Vd9u6GLnDeQ
About Jack Wilson
Founder of Conscious Energy Collective with a mission to transform the way energy is sold. By combining different parts of the industries, we have put together a collaborative collection of offerings ranging from community solar, residential rooftop solar, commercial power and utility scale power.