Buying a home is big financial decision, but what do you do when you are moving with Solar on your home?
Whether you are leaving to move into your forever home, moving for a new job, or just scaling to a new home that fits your needs, there are things to know when you have Solar on your home.
Tip one for moving when you have Solar:
Selling a home with Solar has never been easier. According to a report from the Department of Energy
, homes with a Solar array are likely to sell twice as fast as homes with out Solar. This is because potential buyers are willing to pay $15,000 or more
for a home with Solar. Energy efficient homes are more and more desirable as utility prices continue to rise.
The second thing to consider when moving from your Solar home:
Having a PV Solar system on your home can dramatically increase your home value
. According to a Zillow analysis
, Solar Panels can raise a home’s value by an average of 4.1% in the U.S. Another reason Solar raises your home value is that Solar is a low-cost way to add value to your home. You are eliminating a utility bill that has no limits and is subject to rate hikes anytime the utility providers wants. Solar also has a better rate of return than almost any other home investment, including a kitchen upgrade.
Some great things to know if you are moving with Solar:
It is better to sell your home with your panels on
and then get new ones on your new home. This is for many reasons, the best is that you don’t yet know what your energy needs will be in your new home. You can get a better price for you home if you leave the panels on and you will not have to bear the brunt of the cost of moving and reinstalling the panels on your new home. Which is expensive and almost always out-of-pocket.
Solar Panel Pros is here to help you with your move. You can ask us for a PV Value report that will provide all the information potential buyers and brokers will need. Additionally, your warranty will transfer to the next home owner.
Don’t miss out on saving just because you might move. Now is the best time to go Solar and take advantage of the Federal Tax Credits and other incentives.