Selling your home with solar panels

Selling your home with solar panels

5 things to keep in mind if you’re selling your energy-efficient home

Solar panels are a great investment for your home. They pay for themselves within five years for the average homeowner. If you’re considering purchasing solar panels, remember they’re a long-term investment.

If you’re selling your home and you have solar panels, keep these things in mind:
  1. Realtor
    Choose a realtor who understands solar panels. Fine one that can educate prospective buyers’ agents and be proactive throughout the process.
  2. Lease agreement
    If you’re leasing your solar panels, speak with the leasing office well before you list your home so you know the lease transfer and buyout requirements.  
  3. Warranty
    Along with discussing the leasing options, discuss the warranty so you can ensure your realtor is well-informed.
  4. Negotiate
    Don’t be afraid to negotiate the terms of your solar panel lease with the prospective buyer. Perhaps you pay down the lease of the loan.
  5. Installer
    Speak with your solar panel provider/installer to find out what options are available to you. Does it make sense to remove them and take them with you?

Solar panels are excellent for your electricity bill and the environment. Before listing your home, check the condition of your panels and research the best way to use them to your benefit in the sale of your home.