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Selling House with Solar PV

245

Comments

  • Milliewilly
    Milliewilly Posts: 1,081 Forumite
    Sorry - IMO Solar panels look so horrible I would rather have a higher heating bill than them on the roof. I can see the benefit of cheaper / no bills but aesthetically it would put me off buying altogether and adding a premium to the price would imo stop people viewing.

    Its like paying for all the extras when you buy a car - its money lost when you sell but may add to the desirability.
  • googler
    googler Posts: 16,103 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    edited 3 April 2010 at 12:29PM
    Mcfi5dhc wrote: »
    The estate agent is the big problem - as I said earlier, none of them have a clue about it - are there eco-EA's out there? Or, any decent guaranteed buy schemes?

    Why would you expect ANY Estate Agent, or ANY member of the public, for that matter - to be clued up on this, and have any idea of what you paid, what extra value you expect, or what benefits there are - unless you tell them?

    If you'd installed ground-heat collectors, or your own mini-nuclear power source, would you expect any EA to specialise in that....?
  • Squish_21
    Squish_21 Posts: 676 Forumite
    I would get some more valuations done this year and see what they come up with. The asking price is up to you really, if in no rush to sell put it on at the highest valuation and see how you get on for a couple months. Then drop the price if you've had no viweings.

    Make sure the EA really sells the solar PV in the ad.
    Squish
  • izzzzythedog
    izzzzythedog Posts: 260 Forumite
    - what are the maintenance issues with it, does it need servicing, who can fix that stuff?

    any electrician , no maintence except to clean them but some dont even need this , there is nothing to service in that if a componet fails then you replace it , as theres almost nothing then its not an issue , i would assume that the system is simply panels on the roof that are joined to a grid inverter , if so theres not a fat lot to go wrong

    The income is of no interest to me at all as that's all pie in the sky and airy fairy stuff.

    I'd be interested in generating my own electricity ... but at what cost/complexity over a normal house. depends , a grid inverter system ( linked straight to the grid ) is the cheapest and requires once fitted almost no imput from the owner , with a big enough system the meter will run backwards on light use days and as normal on others , it would cost big bucks to create a system that creates an income , figure a £20,000 investment only starting to pay for itself and make money at year 15-20 , other systems require battery banks and lots of other componets , these work but arnt the best but then every little helps , figure on planning issues as its more than likely a wind turbine will be needed and they are noisey and unsightly

    I'd probably not be expecting to pay more for such a house than it cost to put the stuff in.... else I'd buy next door and have it fitted myself, with a system of my own choosing. not a bad idea but then its a pain to find out whats right for a house without already owning it , if the system is to create all elec then its experience that states what size of system is needed , a quick example is if you live in a nice little quiet road inner city then bolting a fan to the chimney will be a serious mistake as the vibration will drive you mad and you will make near no elec , the same system set up at the bottom of a large garden in wind swept scotland will do the job happly

    getting back to the OP , waste of time talking to estate agents about this as you would need to educate the entire staff , much better to create an infomation pack to be given out with details and ask that the house be marketed as an eco friendly property
  • izzzzythedog
    izzzzythedog Posts: 260 Forumite
    Sorry - IMO Solar panels look so horrible I would rather have a higher heating bill than them on the roof. I can see the benefit of cheaper / no bills but aesthetically it would put me off buying altogether and adding a premium to the price would imo stop people viewing.

    Its like paying for all the extras when you buy a car - its money lost when you sell but may add to the desirability.

    ahhhhhh ignorence is bliss isnt it

    http://www.reuk.co.uk/Solar-Roof-Tiles.htm

    when fitted almost impossible to see , no maintence , take up no room at all , increses the worth of the property plus reduces you bills down to near nothing , cant see it catching on at all ;)
  • calebdylan
    calebdylan Posts: 168 Forumite
    better advertise it in the websites it may increase the chances ...... and thank you for installing solar roofs which reduces pollution by generating electricity from sunlight.........................
  • carefullycautious
    carefullycautious Posts: 2,465 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    edited 4 April 2010 at 8:28AM
    Try advertising it on eco/green websites.

    newhousefarm.tv

    www.ecobob.co.nz/EcoProperty/List-Your-Eco-Property.aspx



    Ill Think of some others they escape me at present
  • vegasvisitor
    vegasvisitor Posts: 2,295 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I'm finding this quite interesting, have never thought about getting this done, or how it looks, or the cost etc, so this is interesting.

    If I though that I would have no electricity bill, plus get paid £600 per year, then I'm thinking that over a few years it will pay for itself.

    I am curious though about maintenance - would that be costly.
  • ciano125
    ciano125 Posts: 492 Forumite
    Part of the Furniture Combo Breaker
    Its quite simple really, you value the house without it, then you add on the cost of the solar panels minus any depreciation/wear and tear (there probably wouldnt be any) or alternatively you look at what it would cost to install it today and add that on. Then you value the income in terms of today's money - ie what would you pay in order to get an income today of £600 per year? Seeing as it is index linked, to keep it simple you could just multiply £600 by 25 to get that value (so £15,000) however, how much is free electricity worth? Say £150 a year, multiplied by 25 again (£3750), so you might want to "give" that part away as in incentive to a buyer.

    There you go. Good luck! I'd appeal to me, however I'd negotiate over the value of it as I wouldn't want to give you the whole of the benefit, I'd want some for myself, but that's just me probably!! :D
  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    We are in process of looking at a house with PV and am expecting to receive 36p /unit for electricity put back into the grid. It is a new build so will attract the new rate of FIT (feed in tariff) I would not even contemplate now buying a property that is in elegible for the new rate, so older systems would add no attraction to me. Better to buy a property to which PV can be added and then the rate goes up to over 40p and will rise with inflation year on year
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