How Solar Panels Improve the Property Value in Australia? - PowerPoint PPT Presentation

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How Solar Panels Improve the Property Value in Australia?

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Studies showed that homes with solar panels sell faster than homes without solar panels. Read this blog to know how solar panels improve the property value. – PowerPoint PPT presentation

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Title: How Solar Panels Improve the Property Value in Australia?


1
How Does Solar Energy Improve the Value of Your
Property in Australia?
Visit https//ausbrite.com.au/increase-value-of-
property-with-solar-panel/
2
  • Are you interested in investing in solar energy
    for your home but are unsure of your decision?
  • You may look for ways to add value to your home
    prior to the selling, or you may wish to add a
    new feature to your investment to ensure that
    your property stands out in the property market.
  • When your house goes on the property market, it
    can be a massive battle until it is sold.
    However, homes with solar additions create good
    sweet spots for potential customers. In addition,
    investing in solar energy is a global topic and
    is in the minds of many Australians.
  • Solar panels seem an obvious choice with the
    rising emphasis on renewable energy sources and
    the abundance of sunny days in Australia. For a
    prospective buyer, a solar panel-installed home
    can be an attractive concept.
  • Certain studies have shown that homes with solar
    panels sell two times faster than homes without
    solar panels. So this renewable energy investment
    can give a competitive edge to your home in the
    market.

3
But how much value can solar panels add to your
property?
  • Lets dive a bit deeper to understand how does
    solar increase property value.
  • Since the Australian public positively views
    solar energy, it follows that this can be a
    selling point for your home. Installing rooftop
    solar panels on the home makes it sell more
    quickly.

Homes With Solar Panels Could Sell up to 20
Faster Than Homes Without Solar Panels
  • Today, home buyers are increasingly looking for
    homes that are energy efficient. The Real Estate
    Survey of Australia found that over 85 of people
    agreed that solar panels add value to their
    property.

4
  • Further, studies have shown that for each 1Kw of
    solar installed, your home value could increase
    up to 6000. A 5kw installation can increase your
    property value by 29,000. It is generally seen
    that solar panels can add up to 3-4 to your
    homes value.
  • For example, if your propertys value is worth
    300,000, that means an increase of anywhere
    between 9,000 to 12,000.
  • Generally, the size of the installation will
    influence how much value is added. The more
    panels you will install, the greater will be the
    increase in your propertys value. Therefore,
    installing solar panels can benefit your home in
    the long run.
  • To upscale the value of property in the future,
    installing a solar panel is a wise decision.
    Today, the solar market is bombarded with
    numerous companies claiming that this would be
    the best investment for your home. However, the
    true benefits of installing solar panels depend
    on quite a few factors.

So lets cut to the chase and throw light on
certain factors that play a significant role in
marketing your property.
5
Solar Panels Ownership Status
  • Solar panel ownership status helps determine the
    value to your property in the long run. For
    example, a house with owned solar panels sells
    more quickly than a home with leased solar
    panels. In addition, when you own your solar
    energy system outright, you are likely to get
    more money for your home.
  • However, if you have leased a solar system, the
    chances are that many potential customers are not
    familiar with the process of taking over a solar
    lease. This could complicate your process of
    selling a home. Therefore, you should always
    consider the ownership status before installing
    solar panels at your home.

6
Considering Your Homes Location
  • Location is an essential factor in determining
    how much your home value will be increased. Solar
    panels installed in the areas with the best
    exposure to sunlight will have the highest energy
    output. This will improve the energy efficiency
    of your home and will ultimately increase its
    property value.
  • However, not every home can have the best
    sunlight exposure. Therefore,  if your home is
    not getting enough exposure to sunlight you can
    talk to your solar installer for the right
    positioning and right size of solar panels.

7
Considering the Warranty of Solar Panels
  • While installing the solar panels, you should
    also consider the warranty factor. Your property
    value will strategically shoot if your solar
    panels have an extended warranty, life span, and
    are of premium technology. Most solar panels in
    the market have a warranty that can last up to 25
    years.
  • Moreover, there can be certain buyers who are
    willing to know about the warranty on solar
    packages. Therefore, while buy solar panels NSW,
    you should always ask your solar provider what
    will happen to the warranty when you will sell
    your home.

8
Size of Installation
  • The value of your property is directly related to
    the size of your solar panel system. Therefore,
    if the solar panel system is sufficiently large
    for your house and runs at peak efficiency, you
    are likely to see an increase in your property
    value.

Type of Solar Panel
  • A significant consideration for any solar system
    could be photovoltaic efficiency. The efficiency
    of photovoltaic modules will decide your solar
    power systems return on investment by
    guaranteeing you the optimal return on output on
    solar energy.
  • There can be various types of solar panels,
    including monocrystalline PERC, polycrystalline,
    thin frame, bi-facial, etc. you can compare them
    on multiple parameters and choose the kind of
    solar panel that gives the best return on your
    investment. The system that will generate the
    best return on your investment will increase your
    home value in the long run.

9
Better Energy Ratings
  • Higher energy ratings not only save your money in
    the short run but can also add to the value of
    your home in the long run. Home energy ratings
    are the ratings that are based on information
    about a homes layout, construction materials,
    and climate suitability.
  • A government study on energy ratings revealed
    that an improved energy rating of 1 could
    improve your property value by 3 on average.
    Energy efficiency is becoming a selling point for
    homes. Therefore, you should think of improving
    your home energy ratings to improve your property
    value.

10
Why Choose Aus-Brite Solar?
  • If you are looking to hire a true solar partner,
    there is no better platform than Aus-Brite Solar.
    We bring innovative solar panel solutions to
    people living in Australia.
  • Contact us and join the league of making
    sustainable energy choices.

11
Contact Us
Visit our website https//ausbrite.com.au/ Phon
e 1300-027-483 Address Suit 15 240 Plenty
Road, Bundoora 3083 Vic
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