Solar panels increase the value of your house.
Solar panels definitely increase the value of your house. A house with solar panels complies with higher demands in the housing market. As per January 1st 2015, it is compulsory to provide an energy rating when selling or renting out a property. Houses with solar panels have better energy ratings.
An energy rating shows how energy efficient a house is. Higher energy efficiency means lower power bills. Solar panels are a durable investment.
Houses with good energy ratings, on average, sell faster than houses without a rating. Buyers are also willing to pay more for energy efficient houses with a rating.
It used to take 12 to 15 years to earn back the initial cost of a solar electricity system investment. Currently it’s as little as 6 to 8 years depending on the country. And even shorter if you would get tax–returns or qualify for a subsidy. Solar panels are getting cheaper to buy whilst the price of electricity keeps going up.
Once you’ve earnt back the initial cost of your investment, you will produce free electricity. The average household will save around €350,- - €450,- on their power bill each year*.
*Results not guaranteed
This is why investing in solar panels a more rewarding than putting your money in a savings account. Solar panels have a return of around 10% per annum, where the bank will only give you around 1,0% per annum depending on the country.
Our motto: Put your money on your roof, not in the bank!