Will Solar Panels Increase the Value of My House?

Will Solar Panels Increase the Value of My House?

Most of us are familiar with solar panels. They’re easy to spot attached to roofs of properties in your local area, wherever you live in the UK. If you are considering adding solar panels to your property there are plenty of smart reasons why you should do so.

What are the advantages of solar panels?

The best part about opting for solar panels is they will enable you to access free solar energy. Once you have the system in place you can take full advantage of the free energy generated by the sun. This type of renewable energy is good enough to enable the panels to generate energy even on cloudier days, albeit not as much.

Another distinct advantage is you can reduce your energy bills as a result. If you combine the energy from the solar panels with practical energy reducing tips around your home, you might be surprised at how low your bills will go.

Maintenance is another area worth thinking about. You’ll have very little to do when it comes to maintaining your panels, thanks to the ease with which the technology works. Harnessing the free energy makes a lot of sense when you think about it in depth. Investing in solar panels is a big decision, but there are a lot of pluses involved.

Return on investment

You’ve probably heard of the feed-in tariffs that work hand in hand with solar panels. The tariffs vary depending on when you have the panels installed and the size of the system you have in place. However the basic rule is you will earn a payment for every kWh of energy your panels produce. The more they produce the more you will earn. Similarly if you don’t use all the energy you generate you will receive a further payment for the energy you sell back to the National Grid.

Over time the payments you earn – and the savings you make on your energy bills – will offset the amount you invested in your solar panels. It will take several years to earn that money back, depending on how large your installation is and how much you invested in it to begin with.

Increase the value of your home

People don’t always think of the prospect of selling their home with solar panels included. However this is actually a unique selling point. If you install solar panels and sell your home at a later date, you can make it clear that the new owners will have added value as they will be able to generate their own electricity. They don’t have to worry about having the panels installed because they are already in place. Furthermore they can start reaping the benefits from the moment they move in. As such you might expect your property could rise in value because it has this great method for generating renewable energy all year round.

If you are thinking about installing solar panels on your property, the first step is to get a quote. Then you can reconsider all the advantages and take that next important step to getting them installed.