Do Solar Panels Increase The Value Of Your Home Uk

The professional estate agents body is naea propertymark its chief executive mark hayward explained that solar panels are unlikely to feature in the valuation models of estate agents or mortgage providers.

Do solar panels increase the value of your home uk.

Why is solar energy so valuable. To a prospective house buyer solar panels basically mean low energy bills and low carbon footprint. Naturally homes in sunnier areas will benefit more from solar panels so it ll be easier to persuade buyers to meet a higher price. Do solar panels increase the value of your home.

With energy bills on the rise and the climate emergency in full swing it s not surprising that properties with solar panels are more desirable than those without. Do solar panels increase your house s value. Energy efficiency is great for the planet and your wallet. Installing solar panels on your home can reduce your energy bills and potentially add to your home value.

Price premium analysis of a multi state dataset of solar homes builds on previous research which concluded that homes with solar panels in california sold for more than those. Estate agents feedback suggests that installing solar panels will not increase the value of your home when you come to sell it. The report titled selling into the sun. Tanner halbig at a meeting i heard a representative of a large well known company tout how homeowners could get free electricity.