Leasing Or Buying Solar Panels Can Affect Home Re-Sale Prices 

Finally, your ship has come in.  In high school, you maintained that 4.3 GPA for all four years.  In college, you worked sacrificed having any social life in trade of graduating summa cum laude and making your mother very proud.  In grad school, you were the prize of your research group, and now, when if is available, comes the job offer of a lifetime, shift lead over at KFC. By your estimation, this job will become available hopefully in the next two years. The only issue comes with your current home, passed down to you from your grandmother, isn't in the same city as this incredible job location.  Luckily you have a little time wiggle room to make some plans.  Also, lately, you have been thinking about taking that inheritance and adding a solar panel system to your home to save some money on your electricity bill.  Being that selling your home is looming in the background of all your home addition based thoughts, it's time to take some considerations before going solar.  We can help you.     

Solar Leasing As A Solution For Your Current Energy Cost Needs

You have considered leasing some solar panels as a solution to your electricity fee issues while thinking about selling your home.  In a typical situation, leased panels don’t add value to a home resale.  They usually do not add value because they are not part of the house. Anyone buying that house will have to qualify to take over the lease, or the family purchasing the home might have to pay the penalty to end the contract early.

Purchasing Solar Panels Outright

So, maybe leasing isn't the direction you want to go.  You do have the inheritance stash.  You might be asking, are there benefits to buying it outright?  Well, solar panels that come without a lease, but as an addition to the home will add some value to the resale.  However, it isn't necessarily a straightforward look at added value.  Let's say you paid $18,000 for your solar panel system; unfortunately, those panels don't significantly add $18,000 to the resale. Your solar panels add value in relationship to the amount of money they are assumed to save on utilities through the rest of their warranty. For example, if there are 15 years left on the warranty of your solar panels and the system is saving approximately 80 dollars per month in your energy bill, in this case, the system could add $14,000 to a home appraisal.  In either case, you should always contact a professional solar panel company in order to find the best price for solar available.  You can contact us here at HahaSmart in order to make sure you are getting the best deal on your solar panel system choices.  

If you want to move into the future and join the solar revolution, or if you want to find out what solar panels are right for you, go to HahaSmart.com and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.

For more information relating to going solar, don't forget to visit our solar blog section for more handy guides and articles.