Do solar panels increase home value?

Picture this…

You’ve invested in a solar system.

You’re at the table smiling as you open your latest energy bill when you hear someone outside your front door.

A friendly, well-dressed estate agent is stuffing hundred-pound notes under your welcome mat.

Equivalent to your solar system expense.

Has Father Christmas come early?

You reach down excitedly to grab them when…

The alarm clock goes off.

Your eyes shoot open.

It was all a dream.

Or was it?

Our Free Solar Guide can help make your solar dreams come true!

A solar-powered boost to your property value

The pleasant reality is that installing solar panels gives your property value an instant boost.

Often by as much as, or even more than, what you spent on them.

Why?

Because they slash your household bill…

Once upon a time, room count and fancy kitchens mattered most when buying a house.

Pools were a nice bonus.

Those attributes lured the big fish.

Not anymore.

For us regular folks (a.k.a. homeowners), different things matter now.

Like energy bills.

“First-time buyers, especially in London are far more likely than average to say that energy efficiency was very important to them in our survey, with energy efficiency key for 90 per cent of all buyers.”
Iwona Hovenko, Real estate Analyst at Bloomberg

Inflation and crazy 2021-2022 electricity prices left a mark.

The electricity market?

As reliable as a politician during campaigns.

High interest rates?

No thanks.

We don't want both sky-high loans and operating costs.

Even if rates drop, they won't match the golden age when you could get a mortgage for less than 3%.

Oh, and with more electric cars hitting the streets, folks want to charge them on the cheap.

But it's not just about saving money…

Many Brits want to live greener – especially the younger generations.

And guess who's buying houses like hotcakes?

Yep, the same crowds.

Generational trends aside, everyone from “Boomer” to “Zoomer” (what the cool kids call Gen Z) wants the same thing.

A home with low operating costs and high relative property value.

Solar gives you both!

Think of it…

Lower bills today, marvellous!

Further savings down the line, even better!

PLUS a sizeable boost in your home equity.

Not a bad deal considering you’re also helping the environment.

If you want to take control of your energy bills and increase your home equity, check out our Free Solar Guide!

PS. Below, we've summarized the results from seven different studies that have all examined the relationship between solar panels and the value of a home:

Study 1:
Moneysupermarket has investigated how improving your Energy Performance Certificate can impact your home's value. Transitioning from a G rating to an A rating could potentially increase your property's value by as much as 14%. Source

Study 2:
Admiral, the prominent insurance company, found that solar panels were the most effective home improvement for significantly increasing a home's value. According to their data, homes with solar panels saw an increase in value of over 25% compared to other homes in the same area. A staggering 75% of homebuyers take energy-saving measures into account when selecting a home. Source

Study 3:
A government study in the UK, which examined over 300,000 home sales, determined that homes implementing energy-saving measures experienced an average increase in value of 14%. Source

Study 4:
An in-depth study found causal evidence of households’ willingness to pay for a higher energy-rated property, documenting a 1-3% premium to a higher energy efficiency rating at the national level, and a 3-6% premium in the London market. Source

Study 5:
According to the National Renewable Energy Laboratory in the USA, every dollar reduction in operating costs translates to a $20 increase in the home's value. Source

Study 6:
According to Zillow, a US-based real estate information company, the average increase in a home's value is 4.1% when solar panels are installed. This conclusion was drawn by comparing the selling prices of otherwise similar homes with and without solar panels in multiple states over the course of a year. Source

Study 7:
According to the Lawrence Berkeley National Laboratory, the price of homes with solar panels in California increased by an average of $3.56 per installed watt. This study is one of the most comprehensive investigations into the relationship between solar panels and home prices, analyzing 22,000 home sales over a 15-year period. Source