About
Contact
951 678 7733
logologo
  • Solar Solutions
    • Residential Solar
    • Commercial Solar
    • Solar Panel Cleaning Services
  • Battery Back-Up Solutions
  • Resources
    • FAQs
    • Solar Savings Calculator
    • Solar Payment Options
    • Testimonials
    • Solar News
  • Rebates / Incentives
    • Solar Rebates
    • Solar Incentives
    • California’s Solar Incentive Program
  • About
  • Contact
Request A Quote
Request A Quote
951 678 7733
logologo
  • Solar Solutions
    • Residential Solar
    • Commercial Solar
    • Solar Panel Cleaning Services
  • Battery Back-Up Solutions
  • Resources
    • FAQs
    • Solar Savings Calculator
    • Solar Payment Options
    • Testimonials
    • Solar News
  • Rebates / Incentives
    • Solar Rebates
    • Solar Incentives
    • California’s Solar Incentive Program
  • About
  • Contact
About
Contact
951 678 7733
logologo
  • Solar Solutions
    • Residential Solar
    • Commercial Solar
    • Solar Panel Cleaning Services
  • Battery Back-Up Solutions
  • Resources
    • FAQs
    • Solar Savings Calculator
    • Solar Payment Options
    • Testimonials
    • Solar News
  • Rebates / Incentives
    • Solar Rebates
    • Solar Incentives
    • California’s Solar Incentive Program
  • About
  • Contact
Request A Quote
Request A Quote
951 678 7733
logologo
  • Solar Solutions
    • Residential Solar
    • Commercial Solar
    • Solar Panel Cleaning Services
  • Battery Back-Up Solutions
  • Resources
    • FAQs
    • Solar Savings Calculator
    • Solar Payment Options
    • Testimonials
    • Solar News
  • Rebates / Incentives
    • Solar Rebates
    • Solar Incentives
    • California’s Solar Incentive Program
  • About
  • Contact
  • Solar Solutions
    • Residential Solar
    • Commercial Solar
    • Solar Panel Cleaning Services
  • Battery Back-Up Solutions
  • Resources
    • FAQs
    • Solar Savings Calculator
    • Solar Payment Options
    • Testimonials
    • Solar News
  • Rebates / Incentives
    • Solar Rebates
    • Solar Incentives
    • California’s Solar Incentive Program
  • About
  • Contact
Featured image
by Gabe Thrasher February 8, 2021 Financial Savings, Real Estate, Solar Panels 0 comments

Is It Harder To Sell A Home With Solar Panels?

Investing in a solar energy system is a great move for homeowners who want to not only generate clean energy, but would also like to lower electricity bills, and protect themselves from rising energy costs. But some homeowners knowing they may sell the house in the near future may hesitate in their decision to go solar, unsure if it is worth it when they put their home on the market. Is it really harder to sell a home with solar? 

In the early days of solar, homebuyers didn’t understand all the benefits of solar. Most worried about maintenance, and repairs about how long the warranty is and what it covers. They would shy away because, hey, what happens when the panels reach the end of their life and have to be removed? Homebuyers are now more educated about solar technology, and almost everyone knows someone who has gone solar. They have a friend, neighbor, or co-worker who can vouch for how stress-free a home solar system really is. 

Homes With Solar Are In Demand

In truth, adding solar panels can significantly increase a home’s resale value, and in some markets like sunny Southern California, it makes the home more attractive to potential buyers. The multiple listing service (MLS) now includes “greenfields” for real estate agents to list a home’s environmentally-friendly features, such as solar, energy efficiency, or LEED certification in the home’s profile. Buyers are obviously interested in these categories as homes with a solar panel system on average sell for 4.1% more than homes without according to a recent report by Zillow.

Navigating The Solar Loan

When homeowners purchase a system with a solar loan, they get to spread out the cost over time, while enjoying access to benefits that come with purchasing and owning a solar power system, like the Federal Solar Tax Credit. If it’s financed through a secured loan, such as a home equity loan, the balance will need to be paid off before the home is sold. When an unsecured loan (one not tied to the property), is used to finance solar the home can be sold before the loan is paid off, however, the loan follows the seller.

Potential homebuyers are willing to pay more for a system they’ll own versus a system that is leased.  So when you’ve paid cash for your system and own your solar panels outright, the more likely it is to get more money for your home and enjoy a streamlined sales process.

Selling a Home With Leased Solar Panels

Homes with a solar lease can pose some challenges when being sold, so here are a few factors to consider before listing the property. When leases are used, there are two ways of handling the sale of the home. The first option is to pay off the rest of the lease. With this option, the seller owns the solar system before the sale and the home commands a higher selling price. The lease could be transferred to the new homeowner, and your leasing company will help you do just that. However, you should be aware that some home buyers may not want to take over a solar lease.

No matter if you’re planning to sell your home in a few years or not, solar is a smart choice with plenty of benefits beyond saving money on your electric bill. If you’ve been considering solar for your home, or have questions about financing options or the Federal Tax Credits, please call or text us. Our experienced Energy Experts are available to answer all your solar and home battery questions. (951) 678-7733

California home improvement Home Value money
Is Now A Good Time To Buy Solar Panels?Previous Post
Which Brand Of Solar Panels Are Best?Next Post

Related Posts

Why Choose SunPower?
April 19, 2018by Adam Evans0 comments

Why Choose SunPower?

Learn More
Best Solar Panels for Your Home
January 30, 2020by Adam Evans0 comments

Best Solar Panels for Your Home

Learn More
Adding Solar Increases Home Value
January 30, 2020by Adam Evans0 comments

Adding Solar Increases Home Value

Learn More
Making Money From Your Solar Panels
January 31, 2020by Adam Evans0 comments

Making Money From Your Solar Panels

Learn More

Leave a Comment! Cancel reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 Sunpro Solar. Privacy Policy. CSLB #830451.

Business Hours

  • Monday 9:00 am – 5:00 pm
    Tuesday 9:00 am – 5:00 pm
    Wednesday 9:00 am – 5:00 pm
    Thursday 9:00 am – 5:00 pm
    Friday 9:00 am – 5:00 pm
    Saturday Closed
    Sunday Closed

Go Solar Today!

  • California’s Solar Incentive Program
  • Commercial Solar Installation Company
  • Contact
  • FAQs
  • Home
  • Privacy Policy
  • Request A Quote
  • Residential Solar Panel Installer
  • Savings Calculator
  • Savings Calculator – Thank You
  • Solar Battery Storage
  • Solar Incentives
  • Solar News
  • Solar Panel Cleaning Services
  • Solar Payment Options
  • Solar Professionals
  • Solar Rebates
  • SunPro Solar Testimonials

Head Office

  • 38340 Innovation Ct Bldg G Suite 704-706
    Murrieta, CA 92563
  • Email: info@sunpro-solar.com
  • Phone: 951 678 7733
  • Fax: 951 678 7730
  • Get Directions