No one can deny that solar energy is ideal for the environment. However, is it also good for the value of your Adelaide house?
Getting a solar system for your home is one of the best investments you can make. You will not have to wait long until you start receiving returns on this investment. Solar panels will make you save from the first minute they are installed. As electricity rates increase, your savings will also increase. So even if you are not planning to resell your property, your solar system will practically pay for itself over time.
Whenever you decide to sell the house, you will get a higher price just for having a functioning solar system in place. Here is how:
Solar energy has recently gained high popularity worldwide. That is why nowadays many potential buyers in Adelaide appreciate a house with an already installed solar system. They regard it as an upgrade. Just like a home renovation, but with a higher return.
Buyers understand that solar energy will provide them with savings on their power bills. If they are environmentally aware, they will also appreciate using cleaner energy to decrease their carbon footprint.
With a solar system in place, you can add a sizeable percentage to the asking price of your property. The range of this price increase depends on several aspects.
Factors Determining the Added Value
Installing a solar system will increase the resale value of your home. The extent of this increase depends on some factors. For example, if the local electricity rates are increasing rapidly, you can ask for a higher price for your house. Solar energy costs almost nothing. Buyers will appreciate the high amount of savings they will get with a solar system.
If your Adelaide property gets lots of sun during the day, its resale value will increase. The solar system will be able to generate large amounts of energy. Additionally, a solar system that includes a battery will also add to the value of your house. The buyers will realise they can benefit from solar power day and night.
How to Increase the Added Value?
If your solar system is too old, potential buyers will expect some depreciation of its value. A newly purchased solar system, on the other hand, comes with the latest technology. It will also have more time on its warranty. That is why updating the solar system you have is essential if you are planning to sell your house.
Climat is one of the longest established suppliers of home heating, cooling and solar energy systems in Australia. We have over forty years of experience. That is why we recommend only the most proven, reputable brands in solar products. Not only that, Climat is also an accredited photovoltaic retailer – all the more to trust us!