Energy efficient living is one of the most talked about lifestyle topics in the media at the moment. The big discussion around how we can live happy, comfortable lives whilst minimising the effect we have on the environment around us rages on. If you're thinking about installing a solar power system or selling a property in the near future this topic could be one to keep an eye on.

Do solar panels add value to a home


According to a realestate.com.au survey, 85% of Australians surveyed thought solar panels would add value to a property, and three-quarters of renters would pay more per week for a home with a solar PV system. That's great news for anyone selling or investing in a property with solar power installed.

In fact, realestate.com.au think it is becoming such a sort after feature for home buyers that they've added it to the standard search criteria for their website.

Local real estate agents back up this idea, agreeing that solar power could increase your sale price and make your home more appealing to potential buyers.

There's never been a better time to invest in solar power system

As technology advances and the manufacture of quality solar components becomes more streamlined and widespread, solar power becomes more and more affordable for homeowners and investors in Australia. On top of this, research into maximising the power output of each panel is gaining significant grounds, meaning you'll soon be able to get more power from fewer panels, this is great news for homes with minimal roof space.

The good news is, you don't need to wait until your property goes on the market to benefit from solar power, as soon as the system is up and running you can lower your power bill and reduce your home's reliance on fossil fuel generated energy.

Every day the sun provides around 170 000 terawatt hours of energy, about 2850 times the energy needed by the people on this planet. At the moment we only collect around 1 percent of this free power resource.

The jury is still out on the best way to maximise our eco-friendly living but adding a solar power system to your home definitely helps. The fact that it increases the potential sale price and gives your property a competitive edge on the cut-throat house market is just the icing on the cake.

Reference -

  • http://www.realestate.com.au/blog/85-of-aussies-say-solar-panels-boost-property-prices/
  • http://www.thinkglobalgreen.org/solar.html