Solar 26 August 2020 at 2:58PM in Green & ethical MoneySaving 10 replies 182 views

stone248

Posted yesterday and thanks for the outstanding feedback.   Ive  had several quotes from two local companies and one of the big companies.  All good however anyone had dealings with UPS-Solar or Forever green. 

Tops0039

Hi,
Is it a good idea to install 16 x solar panels on my South East facing roof providing 4.9kw when I’m looking to move in about 6 years? Cost of Solar array = £4095 inclUsive of inverter and fitting etc.
many thanks.

Trentenders

No. You won’t recoup your money in that time and it may put off some potential buyers.

Trentenders

No. You won’t recoup your money in that time and it may put off some potential buyers.

Petriix

In 6 years you will recoup around £2000. You could argue that it would add £2000 to the value of your house, but there is no guarantee that it will, but I would hope that no buyer would be stupid enough not to see the value in reduced energy bills and an income from exports.

Tops0039

Thanks Petriix,
That was similar to how I was thinking. The solar panels would be black and would be on a black roof on our single floor extension with a pitch of 26 degrees. The panels, I think, would not be an eyesore or in your face. The main roof is untouched so the panels would just blend into the roof of our extension. Had hoped it would be a good selling point i.e. reducing our carbon footprint and reducing our energy consumption.  I’m tempted to go for it!!!

Exiled_Tyke

Tops0039 said:

Thanks Petriix,
That was similar to how I was thinking. The solar panels would be black and would be on a black roof on our single floor extension with a pitch of 26 degrees. The panels, I think, would not be an eyesore or in your face. The main roof is untouched so the panels would just blend into the roof of our extension. Had hoped it would be a good selling point i.e. reducing our carbon footprint and reducing our energy consumption.  I’m tempted to go for it!!!

I think experience suggests that it isn't a good selling point (bizarrely). I suspect most buyers don't understand PV and so tend to see it an unnecessary hassle and something else to worry about.  A great shame really. 

Coastalwatch

Exiled_Tyke said:

I think experience suggests that it isn't a good selling point (bizarrely). I suspect most buyers don't understand PV and so tend to see it an unnecessary hassle and something else to worry about.  A great shame really. 

As the politicians used to impress upon us Education, Education, Education! I think that might be the case today, ET, as with petrol heads and BEV's, but with the reset after covid and a green recovery then in seven years time the situation may well be reversed. In fact I was reading recently in some publication, sorry can't remember which, that houses for sale with solar panels fetch on average £30k more than those without. I'd be very surprised if it were that much, but maybe its' an indication that the tide is turning already!

Cardew

Coastalwatch said:

Exiled_Tyke said:

I think experience suggests that it isn't a good selling point (bizarrely). I suspect most buyers don't understand PV and so tend to see it an unnecessary hassle and something else to worry about.  A great shame really. 

As the politicians used to impress upon us Education, Education, Education! I think that might be the case today, ET, as with petrol heads and BEV's, but with the reset after covid and a green recovery then in seven years time the situation may well be reversed. In fact I was reading recently in some publication, sorry can't remember which, that houses for sale with solar panels fetch on average £30k more than those without. I'd be very surprised if it were that much, but maybe its' an indication that the tide is turning already!

Unsurprisingly most of the solar industry publications predict large increases in the value of a property with solar - the famous Mandy Rice-Davies quote applies!

In June 2017 WHICH carried out 'exclusive research*' (their terminology) asking the question 'Do solar panels affect the value of your home?'

See https://www.which.co.uk/news/2017/07/do-solar-panels-affect-the-value-of-your-home/

*Research: NAEA Propertymark surveyed 1,252 estate agent businesses for Which? in June 2017.

8% of the Estate agents said it increased the value, 17% said it decreased the value, 67% said no difference and 8% didn't know.

Bear in mind that this was over 3 years ago when all the owner owned solar would have FIT income - some at the highest rate. They don't mention 'Rent a Roof' properties; but the problems with those properties are well documented.

That was the Estate  Agent's opinion with FIT earning properties in June 2017. Bear in mind that Tops0039 was posing the question about installing solar now at a cost of £4095 and thinking of moving in 6 years.

JKenH

Cardew said:

Coastalwatch said:

Exiled_Tyke said:

I think experience suggests that it isn't a good selling point (bizarrely). I suspect most buyers don't understand PV and so tend to see it an unnecessary hassle and something else to worry about.  A great shame really. 

As the politicians used to impress upon us Education, Education, Education! I think that might be the case today, ET, as with petrol heads and BEV's, but with the reset after covid and a green recovery then in seven years time the situation may well be reversed. In fact I was reading recently in some publication, sorry can't remember which, that houses for sale with solar panels fetch on average £30k more than those without. I'd be very surprised if it were that much, but maybe its' an indication that the tide is turning already!

Unsurprisingly most of the solar industry publications predict large increases in the value of a property with solar - the famous Mandy Rice-Davies quote applies!

Yes, indeed. 

“ The research comes from EffectiveHome.co.uk, a website dedicated to providing information and guidance for homeowners regarding solar. It found that installing solar PV can increase house prices by an average of £32,459 across the UK. Houses in London see the biggest increase, with the value jumping by £90,000, followed by Bristol (£45,142), Edinburgh (£40,095) and Leicester (£31,577).“

https://www.solarsense-uk.com/news/do-solar-panels-add-value-to-your-house/

Cardew

Effective Home is a trading name of Effective Heating Ltd.