Solar panel installations help sell your house


Solar panels have had an unexpected benefit. They increase the value and sell-ability of your home.”

Game changing solar panels and installations.

Game changing solar panels and installations.

This, however, only applies if you install the solar panels yourself. Companies which offer free solar panels, and rent your roof space, will have the opposite effect.

You do need to make sure that the solar panels are owned by you, because solar panels offered by a free solar panels company will quickly become a white elephant for anyone selling a property which has solar panels owned by a third party.

A solar panel installation makes a house more desirable to any future home buyers if it is part of the property, than one with free solar panels, which is not. In addition, estate agents have seen average priced properties with solar installed selling for up to 5-10% more than properties without solar panels.

So why do solar panels make such a difference to home selling?

Stuart Lovatt from Heat my Home says, Since the introduction of the feed-in tariff in April 2010, installing solar panels on your home has come to be regarded as one of the most secure and profitable investments of recent times.

Firstly, there are the savings made on energy bills by using self-generated electricity and the feed-in tariff scheme, which adds up to a nice bit of extra income for the homeowner. Who wouldn’t want to decrease their energy expenditure in these costly times?

This is a fantastic selling point.

Even with a small to average sized solar installation you can expect to save around 250 a year from your electricity bills, and get around 350 a year feed-in tariff income. This scheme will continue until 2027, and the savings are going to increase further as energy prices rise further and further.

A premium house with premium technology is always going to outshine your competitors (excuse the pun).

When selling a house with solar panels, pitching to potential buyers is so easy because they will not have to make the capital investment of installing them. You have already done that.

If they buy your house, they will get the primary benefit of cheaper electric bills than in any other house, and in addition, 15.44p for every unit generated plus 3p for every unit exported until 2027 they would be crazy not to buy into that.

If you are staying in your home you can sit back, relax and enjoy the benefits of your panels, but if you want to move home, then installing solar panels will help sell your home for a premium whilst installing another solar panel system on your new house and still claim the feed-in tariff too.
Jump at the opportunity before your neighbours do.



Author.

"Feel the pride."

Stuart Lovatt on
Founder of Heat My Home.


  • Matt

    £600 a year for £12000 set of panels would repay in 20 years just from the feed in tariff!
    But you would have the same amount in savings from your energy bills, so it would repay in just 6 years and then you would enjoy £600 tax free and index linked for 14 years!!!!!!!!!!

    Then lets try and find some negtive, what if you need work on your roof?
    firstly the panels would protect the roof as they would take the wind and rain before it even got to your roof, Before the panels would be fitted it would have to be checked that it is in good order to take the panels…

    But in the very strange case that your roof did need to be repaired, you could at least use the money from the panels to cover the costs!!!!!!!!!!!!!!!

  • A common mistake to presume that energy pricing will stay the same over 25 – 30 years. Energy industries own predictions point to a two grand average annual energy bills by 2020 or 3 grand by 2030.

    As the article points out, people are will to pay more and find your original price more appealing with solar panels installed.

    I certainly wouldn’t want to live in a house with an alternate energy source from the years 2015-2020 onwards.

    Which makes homes with this technology premium, prime and much sort after.

  • Peter

    Hi
    Cant see how this works. ok £12000 for panels lets say with a return of about £600 a year offset that against having that £12,000 in the bank and your talking 50yrs just to recover the £12000 which of course wouldnt be worth £12000 then. I can buy an awful lot of electricity for £12,000. Then what happens if you need a roof repair

  • Hi Sue

    This will have to be arranged with the new owners if they are OK with someone else’s panels on their roof.

    If you sell the house with panels included then you can sell at a higher price and more likely to get the sell quicker than a house without solar ready installed.

  • Sue Todd

    I am thinking of investing in solar panels on my roof which will cost about £12,000. I am also thinking of selling the house in a year or two. Will i still be able to recieve the income from the solar panels or will this revert to the new owners

    look forward to your reply

    sue