If you are considering purchasing and installing solar panels onto your house, you might have wondered whether the installation of solar panels will increase the value of your house. This answer will vary depending on where you live.
For starters, you must consider your communities awareness of solar energy. If you resign in a region with a good amount of people who are interested and are involved in the new “green living movement”, then chances are you will find loads of potential buyers that may be willing to pay more for a house that is ready to go with its own solar panel system in operation. However, if you resign in region with very little strive for the ever green movement, where people don’t take too much consideration towards the environment, buyers may not be as motivated to pay more.
Regardless of where people stand, you will be able to find people all over the place that would enjoy the idea of saving money and not relying solely on the local utility company for support. If you can provide proof of energy savings throughout the year(s) you will most definitely get the buyers attention. Considering the cost of running heating and cooling equipment throughout the house that run well into the hundreds of dollars every month (for an average family), the solar panel system will quickly be proven as something of value in the house.
In addition, although uncommon in most places, if your community has a history of solar panel systems, chances are your real estate agent will be able to dig around and come up with statistics that shows the difference between houses selling with solar panel systems and those selling without. This type of information can also be used as a resource for potential buyers.