Important Answers About Solar Panels for Homeowners

Deciding to install solar panels is a big step for a homeowner. While most advice you’ll read focuses on solar panels and the benefits for your electric bill, a homeowner must also take into account the effect of the solar PV system on his home and its value. Knowing the answers to some basic questions can help you make your decision and choose the best solar PV system for your home.

Will Solar Panels Increase the Value of My House?

If you own the solar PV system, most experts agree that solar panels will increase the value of your home and make it more attractive to buyers. A solar PV system promises lower electricity bills, which is always a selling point, and if the FiTS certificate is included in the purchase of the house, it can be an added incentive to buyers who are considering a purchase.

Keep in mind, though, that you’ll benefit most from installing solar panels if you are planning to remain in your house for at least the next 7 years. If you are planning to move house sooner than that, you may not recover your investment in solar energy.

Does That Include Free Solar Panels?

Actually, most real estate experts agree that free solar panels will decrease the value of your home and may make it more difficult to sell. When you opt in to a rent-a-roof scheme for free solar panels and free electricity, you are essentially entering into a 25-year lease with the solar panels company. That means an additional entity to consider during the sale and more complications. Buyers who want to take advantage of the FiTS will not be interested if they can’t own the solar PV system, which could eliminate part of your market.

Will Solar Panels Damage My Roof?

A qualified solar installer can install a solar PV system without damaging your roof as long as your roof is in good repair. A reputable firm will alert you to any issues with your roof and will not install the panels on a roof that can’t support them. Many of the concerns raised by homeowners about solar panels are based on misunderstandings of how the panels are installed or are addressed by the method of installation. Ask your solar PV installer about the possibility of roof damage and how they address it before you buy. His answers should reassure you.

How Much Maintenance Will a Solar PV System Require?

Solar PV is remarkably low maintenance. There are no moving parts to wear out and most solar panels are guaranteed for at least 25 years. After the first 10 years, you will probably have to replace the inverter – the electrical device that transforms the direct current from the panels to alternating current for household use. At today’s prices, that will cost you about £1,000. Aside from that, maintenance consists mainly of washing down the panels once or twice a year – less work than you put into cleaning out your gutters.

Solar panels represent an excellent investment in reducing your energy costs and, with the addition of the FiTS, can generate income for you over the course of 25 years. Shop carefully for the best deal with a reputable solar PV installer.