The number of solar photovoltaic installations on roofs has reached 38,602 since last April when feed-in tariffs were introduced to attract all types of property owners to the generate-your-own-energy-and-get-paid-for-it concept.
According to one supplier, Solarplaza, almost all the installations have been domestic systems, and it expects these to continue dominating the market.
It points out, however, that there is no reason why schools, office buildings and even churches should not follow suit (churches are apparently ideal, as many have a perfect pitched, south-facing roof).
Here at EAT, we would prefer our local Norman church to have bats in the belfry rather than solar panels. However, it got us thinking.
Have you, as an estate agent, had experience of valuing and selling property with a solar photovoltaic roof?
If so, do such properties command a premium, or are they proving harder to sell?
If you haven’t yet marketed such a property, what would be your view?
Comments
Solar panels especially in your roof really adds value to your property because in this manner you can utilize solar power and lessen the consumption of usual electricity source. Moreover, it is also advised that clean source of energy like the sun can give us a better alternative. Isn't it great to have cheaper and cleaner source of energy?
Home Solar Power Systems
Simon W: "The new solar panels are pretty much indistinguishable from normal tiles these dayes "
Yeah - just like those 1.2m diameter grey satellite dishes we fail to spot on a daily basis as they are indistinguishable from a tree growing out of the gable end of a house, ain't they!
Erm…………………..the answer is no
Jonnie
The new solar panels are pretty much indistinguishable from normal tiles these dayes
If you enter into a 25 year lease (of the space on the roof) will conveyancers have to investigate, approve and get lender approval etc?
If you accept an offer of free fitting are you not committed to a fixed contract for 25 years? Things can change, as we are currently witnessing, If I were a subsequent purchaser I would look twice at that contract.
If the kit is on the back of your house who cares if the neighbours behind you see a skoda? The govt guaranteed FIT payments are not insignificant AND you get free electricity. With the announcment today that elec and gas prices are rising by 10/20% surely it should add value? However I believe you should at least get your money back on the investment at sale less depreciation.
Its like putting a skoda on your drive - saves money but looks awful