Pipsaholic Publish time 26-11-2019 04:07:16

Solar PV/Thermal Increases Home Value

Hi,

Anyone sold a home recently with solar pv/thermal panels? Lots of studies show 6-14% increase in home value with solar installed? Also, band A/B properties add 14% c/d 10% e/f 6%.

Thanks.

EarthRod Publish time 26-11-2019 04:07:17

I don't know where you get your information from.

All I know is the market and the negotiated selling price of a house. If a prospective purchaser requires solar panels as a 'must have' then those house will be looked at and houses without solar panels will be ignored.

However, in reality, such a purchaser is almost non-existent. There are many different requirements prospective purchasers look for in a property and solar panels is, in general, not high on the list. Most cases solar panels is not on the list but a south/west aspect is on the list.

Basically, it's all down to value for money and if a house is on the market 6-14% higher than other similar houses purely because it has solar panels, the chances are it won't sell.
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