Did you know that investing in solar can increase the value of your home? According to research from realestate.com.au and Origin Energy in April 2015, installing solar products has the potential to increase a property’s value. The research suggests Australians find homes with solar to be more valuable than homes without.
Some of the findings were:
• 85% of Australians say that solar panels would add value to a home.
• 78% of Australians say that solar hot water would increase a home’s value.
• 75% of renters said that they would pay extra rent to live in a property with solar energy.
• Two in five renters would pay up to $10 extra per week for a home with solar.
• Solar technology helps homeowners realise that certain aspects of their home, such as the roof, can be a great asset, especially when living in a country where sunshine is abundant.
If you’re a homeowner, further investment into your property might be significant for your future financial plans. Just like we renovate our homes, we can recognise empty roof space as a potential asset and install solar power and appliances to increase the home’s value.
Solar water heating is a simple and efficient process where energy from the sun is captured to heat water for your home. You can choose between efficient roof-mounted tanks or slimline split-systems to minimise the visual impact on your home. Meanwhile, a Heat Pump is an energy efficient water heater designed to be installed in areas where solar hot water systems may not be suitable. It works much like a reverse cycle air-conditioner in that the surrounding air is the heat source rather than the sun.
Solar PV Systems generate electricity from sunlight. The solar panels are made up of many photovoltaic (PV) cells which collect the light from the sun and convert this into DC current. This is fed through an inverter and converted to 240V AC to power your home.
The amount of electricity you can produce depends on the number of panels and their efficiency, the size of the inverter, the orientation of your roof and the amount of sunlight in your location.
A large proportion of the energy produced by solar power panels may be sent back to the grid, because it’s generated when it’s not needed, e.g. the middle of the day. However, adding Home Battery Storage to a new or existing solar power system allows you to store your unused energy to use at night, on low sunlight days, when utility rates are more expensive and during blackouts.
A Solahart PowerStore takes excess energy from your solar power system and uses it to gradually heat water, rather than allowing it to be fed back into the grid. Like a battery, it stores energy, but it’s more affordable.
Looking for a house in the Newcastle region with existing solar appliances? You can search by suburb and refine the results to include eco-friendly properties on www.realestate.com.au.
Alternatively, for more information on how Solahart Newcastle can increase the value of your home with solar, call us today on 1300 362 821.