Solar panels don’t just save you money on your electricity bills, they can also increase the value of your home when properly installed and documented.
Your EPC Rating Goes Up
By lowering the energy costs of a property, solar panels can boost the Energy Performance Certificate (EPC) rating of a property. This is one of the first factors that estate agents look at when trying to justify a higher asking price for a property. Moving from a band D to a band B would therefore increase the value of a property.
What Surveyors and Agents Look For
A surveyor will expect to see a clean roof space, panels in good condition and evidence of a quality installation. Older systems and poorly maintained panels can have the opposite effect on value.
SEG Income Counts as an Asset
All the income that you receive from your Smart Export Guarantee contract will be taken into account by potential buyers and kept track of by you with a well-documented agreement. This shows buyers that they are purchasing a fully functioning asset that produces income, as opposed to a couple of old solar panels on the roof of a house. For Solar Panel Installation Bristol, visit https://www.precisiongreenenergy.co.uk/renewables/solar-panel-installation/bristol/.
Document Everything Properly
Keep all MCS certificates, installation warranties, and paperwork for export tariff payments together in a folder and have them ready for prospective buyers to look through as required by under guidance on what buyers can request when purchasing a property. This will help to prevent delays in a sale and show that the property is selling with a working asset that also generates income.
A properly installed and well-documented solar panel system on a residential property in Bristol is one of the simplest ways to increase a property’s value.
Leave a Reply