For property owners in Brisbane, Gold Coast and the greater Queensland region, it is often their largest financial asset – which is why it is crucial to keep-up with property maintenance to ensure it increases in value over time.
Upgrading the amenities of your property can strongly enhance the livability of your home to buyers, increasing its market value.
We all need electricity. Since electrical costs are expected to rise in the near future, if you could reduce the cost of electricity by installing a solar power system – prospective buyers will look upon your home much more favourably.
Solar Panel Homes Are in Demand
Home buyers are seeking energy efficient homes, and solar panels have become increasingly appealing to the general public as the demand for renewable energy sources has also risen in Australia.
With our abundance of sunny days, it is an obvious choice – The Real Estate Survey of Australia found that more than 85% of citizens agreed that solar panel installation adds value to their property. Also, properties on the market with solar panels tend to sell two times faster in comparison to homes without them.
Why Doesn’t Everyone Do This?
Location
The location of your property, and the positioning of where your solar panels are installed will significantly impact the output of energy. Solar panels that absorb excessive sunlight will improve the energy efficiency of your home, increasing its value on the market.
Whereas, a house that isn’t exposed to sunlight throughout the day won’t produce high levels of electricity to power your electrical components.
But, if your home isn’t regularly exposed to sunlight, not all hope is lost. You can get in touch with a residential electrician to identify where the best position is and what the right size of panels are to enhance your energy efficiency.
Owning VS Leasing
Most people probably aren’t familiar with the process of taking over a solar panel lease, so having a property with solar panels owned outright will sell more quickly compared to a home with leased solar panels.
You don’t want to overcomplicate the process of selling a property, because home buyers prefer to own solar panels which already include an extended warranty and premium technology.
Property Maintenance Tips
Increasing your property value through solar panel installation is dependent on the size of the system, types of solar panels, and whether it is sufficient enough to perform effectively in your area.
There are a variety of solar panel types, such as:
- Polycrystalline
- Thin frame
- Monocrystalline PERC
- Bi-facial.
Don’t stress, we can help you with this. Maines team of residential electricians and property maintenance experts will choose the best solar panel system for your home based on multiple parameters.
The benefits of solar panel installation sound great, but an incompetent electrician can create a faulty system – and the last you want are electrical hazards and energy problems.
If you are after a trusted residential electrician who is reliable, transparent and provides outstanding customer service, then contact our team online today or call us on 3807 6769.