Title: How Solar Panels Improve the Property Value in Australia?
1How 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.
3But 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.
5Solar 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.
6Considering 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.
7Considering 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.
8Size 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.
9Better 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.
10Why 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.
11Contact Us
Visit our website https//ausbrite.com.au/ Phon
e 1300-027-483 Address Suit 15 240 Plenty
Road, Bundoora 3083 Vic