Do Solar Panels Add Value To Your Home?

Do Solar Panels Add Value To Your Home?

Homeowners across the UK have been asking whether or not solar panels add value to their home. The short answer is – yes, they definitely can. Installing solar panels can increase the value of your property and help you save money on your electricity bills over time.

Additionally, solar panels are viewed as a desirable and eco-friendly feature by potential buyers, making your home more appealing in the real estate market. With the growing emphasis on sustainability and renewable energy, investing in solar panels can be a smart long-term investment that positively impacts both your finances and the environment.

Pros And Cons Of Solar Panels

There are a few pros and cons of installing solar panels that you should take into consideration.

For starters, solar panels are a renewable clean energy source, which makes them a great way for reducing your carbon footprint and helping to protect the environment. On the other hand, they can be quite expensive to install, with the up-front cost being quite high for some. Additionally, the amount of money you save on electricity bills depends on a lot of factors, such as location and weather.

Do Solar Panels Reduce Electricity Bills?

Yes, solar panels could help you save money on your electricity bills over time. Generally speaking, the more solar power you can generate from the panels, the more money you can save. As mentioned before, however, this depends on a wide range of factors like location and weather. With solar panels, you generate your own electricity so you don’t need to buy it from your supplier, which leads to lower bills.

Do You Need A Structural Survey For Solar Panels?

A structural survey might be needed when installing solar panels, depending on the property. You should always check with a professional engineer to make sure the existing structure of your roof can handle the added weight of the solar panels. If you’re installing solar panels on an old building, a structural survey will likely be required to ensure it won’t be damaged by the additional weight.

Do Solar Panels Improve EPC?

Solar panels can help to improve a property’s Energy Performance Certificate (EPC), which in turn, could make it more attractive to buyers. Solar PV systems actually count towards the EPC rating and can raise the rating up as far as a B or even a low-level A if enough energy is generated from the panels. It’s worth mentioning that installing solar panels doesn’t automatically guarantee an improved rating, as a lot depends on how much energy you generate from the system.