Can i sell my house with solar panels

Should you invest in solar panels when selling your home?

Investing in solar panels is a fantastic way to help you save money and create an environmentally-friendly home, we see that every day at Green Building Elements. However, when it comes time to sell your house, you must consider how the panels affect the selling process and your home value.

Can you sell a home with leased solar panels?

Generally, you have two options when selling a home with leased solar panels: Pay the rest of the lease. Buying out the remainder of your lease allows you to own your solar energy system before you sell your home. That way, you can sell the system as part of the home and command a higher selling price. Transfer the lease to the new homeowner.

Do solar panels make your home sellable?

Improved EPC rating – solar panels will generally have a positive impact on the EPC (Energy Performance Certificate) rating of your property. A good EPC can make your home more sellable. Lower electricity bills – buyers will appreciate the prospect of cheap or free electricity.

Does solar affect the sale of a home?

It most certainly does. The type of solar purchase you made has a big impact on what happens when you go to sell your home. This is the simplest scenario. If you paid cash and own the panels, solar will have very little impact on the sale process for your home. Again, it's not unlike selling a home with a pool or any other add-on.

Can you get a solar loan if you sell your home?

It's just like having any other kind of loan on your home, like a mortgage. You can use the proceeds of the sale to cut a check at the closing table that pays off the solar panels. Some lenders allow the new homeowner to apply for and assume the loan. Check with your lender to see what your options are. This is probably the trickiest arrangement.

Should you buy a home with solar?

One of the main selling points of a home with solar is that if you get a system that’s up to par, it should cut your energy costs. It might not sound like much, but this can make a big difference in many areas where electricity prices are high.