Do Solar Panels Affect Property Values?
After years of speculation, we now have a definitive answer.
I’ve always been fascinated by energy efficiency, waste reduction, cost savings, and reducing my carbon footprint as much as possible, both in my personal and professional life.
Over the last decade, I have dramatically reduced plastic bag use, switched to LED lighting, updated my old power-heavy home appliances for more efficient items, upgraded my boiler, changed my windows to double glazing, switched my vehicles to EVs and, albeit accidentally, gone vegetarian.
But there’s one more thing I have always wanted to do but have not yet achieved: add solar panels to my roof.
There have been lots of reasons for not getting round to this: finance, the perceived difficulty of getting it done, waiting for better tech and, of course, the age-old question of whether it adds — or removes — value to my main residence.
As the market and available tech has rapidly matured, the first three objections have now been eliminated (at least for me). That only leaves that final question: will it boost or reduce my house value?
Will installing a 4.55 kWp system and 9.5 kWh battery solution be a good move in terms of property price, or risk costing me more than the £11,000…