Solar energy is a great way to reduce your monthly energy expenses and reduce your carbon footprint. But life happens and there’s always a chance you will have to sell your home after your solar system is installed. So is selling a home with solar harder than selling one without?
Selling a Home With Solar
The good news is that selling a home with solar panels is easier than you might think. In fact, homes with solar panels sell about 20% faster than the ones without solar systems.
But in case you’re still worried about how solar panels will affect your home’s desirability on the market, here are some tips to help you:
1. Emphasize The Financial Benefits
Solar panels make the home more energy-efficient and cuts down on monthly utility bills. Emphasizing the financial benefits of solar to potential buyers can make the deal more intriguing.
With less dependence on the electrical grid, you can supplement your power supply or control it entirely with your own panel/battery system. In some cases, solar panels can bring the monthly electricity bill down to as little as $10 for the interconnection fee. The average home can save between $10,000 to $40,000 over the lifetime of a residential solar system.
2. Discuss The Environmental Benefits
As people are becoming more environmentally conscious and looking at ways to make better choices in regard to sustainability, solar panels can be beneficial to the environment.
If the potential buyers have an eco-conscious mindset, you may be able to win them over by explaining how solar energy is good for the environment.
3. Explain The Benefits Of Energy Independence
Solar panels reduce or eliminate dependence on the energy grid. With solar, brownouts and blackouts are a thing of the past. So are concerns about local utility companies hiking up their prices.
If the grid goes down, the home will still have electricity to power important appliances used for cooking, heating, refrigeration, and your personal electronics. This is a huge advantage in areas that are prone to planned and unplanned power outages.
4. Communicate How Solar Improves Home Value
As with any improvement on your property, solar panels can increase the value of your home by increasing equity. Lots of people are eager to get into solar energy for their homes for the reasons already mentioned.
So if the buyer ends up moving before the solar payback period is up, they can still get a return on their investment by selling the home for a higher price than they would have if it didn’t have solar panels.
Get Started with Solar Today
If you have concerns about how solar panels will affect your ability to sell your home, you can stop worrying. The truth is solar panels can improve your chances of selling a home as well as fetch you a higher purchasing price.
If you have any questions or concerns about going solar, don’t hesitate to contact Solar Optimum. Our Energy Experts are standing by, ready to help!
