Solar power continues to rise in popularity in Nevada where the skies are most often clear and bright. Solar-powered homes make air conditioning more affordable, reduce a home’s carbon footprint, and advance the appearance of homes as they shine on residential rooftops.
When the time comes to sell your solar home in Nevada, you can use those panels in a new way: to impress buyers. What do your buyers need to know? We can help you prepare an information packet that will help to sell your home and help your buyers enjoy your solar panels as much as you have.
Understanding Solar Panels and Homeownership
Solar panels offer energy savings, boost property values, and have a positive environmental impact. They also come in different types of ownership models.
- Owned: You purchased your solar panels outright and own the power they generate.
- Leased: You are leasing your solar panels and they will eventually be reclaimed or re-leased.
- Power Purchase Agreement: Similar to leasing, a company owns the solar panels and you agree to buy power generated on your roof at a low cost.
You may also want to prepare for certain solar panel concerns such as aesthetics, regular maintenance, and the predicted solar panel lifespans.
The Solar Panel System: What Buyers Look For
When preparing to sell a solar home in Nevada, know what buyers are looking for and how to pitch your solar in the best possible light. The age and condition of your system matter a great deal. The panels, solar controller, and batteries are the most important components, while the state of your roof also plays a role. Buyers will also want an evaluation of your solar system’s efficiency and performance.
Warranties and maintenance contracts that transfer to the new owner are particularly useful. Informed solar home buyers will know that these will provide the best protection and longevity for a home that already has solar panels.
Financial Implications of Solar Panels
If you own your solar panels outright, then they can be used to increase the property value and list a higher asking price for your home. At the same time, you may be able to eschew property tax increases associated with the solar panels as part of an incentive program. Your buyers will value this cost savings as well.
Solar panels lower electricity bills by offsetting the home’s power usage. You (and your buyers) may also be able to benefit from net metering and credits from the power company for sharing your extra solar-generated power. This can help provide a valuable return on investment rate for solar panel investment costs.
Selling Your Solar-Equipped Home
When preparing to sell a solar home in Nevada, draw up an info sheet and remember to polish your panels before the buyers arrive. Take outdoor photos of the panels on your roof gleaming in the sun and share a fact sheet in the home listing about how much power you produce.
It can also help to work with a real estate agent who understands solar. Be prepared to transfer solar panel ownership or contracts to the new buyer when your home sale is successful.
Learn More About Nevada Home Solar
Owning a solar-equipped home comes with many benefits like eco-friendly power and affordable power bills. When selling a home, solar can increase your property value, and you’ll get the most benefit by clearly understanding and explaining your solar panel system to future buyers. Give potential buyers all the info they need to know what it means to own a solar home with the panels already installed and ready to go.
Contact us today to get a free quote on a solar panel system.
