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Depending on where you live, solar panels can be a valuable upgrade. With continual power produced by the sun, you can reduce or eliminate the need to buy additional power. Oftentimes you can even produce excess solar power to sell back to the grid. This is a highly regional consideration, but one that’s worthwhile in the right climate. EcoWatch puts into perspective saying, “The cost of solar panels has dropped in price by more than 70% over the last decade, according to the Solar Energy Industries Association (SEIA). Solar panels still carry a significant price tag, however, and may not work well for every home.” So is upgrading to solar panels worth it? Its worth depends on your situation. A heat pump is another high-ticket item you’ll probably benefit from if you live in the right climate. With an upfront cost ranging from $8,000 to $30,000, it’s a massive investment so it’s important to note heat pumps lose efficiency when the outdoor temp drops below 40 degrees Fahrenheit. In warmer climates, however, a heat pump will pay for itself in about 10 years and will offer substantial energy savings. Its worth also depends on your situation. A new roof is another major consideration for any home. The cost of roof replacement has increased significantly in the past 10 years and will probably continue to rise. Fortunately, the cost of eco-friendly options is coming down, closing the gap on additional expenses. Like solar panels, the right roof for
you is contingent upon the climate where you live and the architecture of the home. Some styles to consider include tile, solar roofs, metal sheets, wood shingles, and green/living roofs. The right fit can provide durability and substantial energy savings. Worth it in most circumstances. Carr agrees that making roofing and other project decisions are highly dependent on location. She says, “Regional factors influence choices, such as climate and local regulations,” but that thinking outside the box can offer a big payback. She continues, “Innovative solutions like modular green roofs and eco- friendly insulation often go unnoticed but offer significant benefits to homeowners.”
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