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How installed renewables boost your property value?

As the global community becomes increasingly eco-conscious, renewable energy installations are becoming more than just a sustainable choice—they’re also a smart investment. If you’re contemplating how to increase the value of your property (property value boost), it’s worth considering that homebuyers are now more inclined toward renewables than they are toward new kitchens or bathrooms. One of the key drivers for this shift in preference is the direct correlation between renewable energy installations and an improved Energy Performance Certificate (EPC) rating, which plays a vital role in enhancing the solubility and future-proofing of your home.

DID YOU KNOW?

Home Energy Scotland is offering up to £27,000 in support for home renewables.

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EPC ratings and sellability

The Energy Performance Certificate (EPC) rating system is a crucial metric for prospective homebuyers, providing them with an insight into the energy efficiency of a property. In several jurisdictions, a good EPC rating isn’t just attractive—it’s legally required for certain types of properties. When renewable energy sources like solar panels or wind turbines are added to a home, the property’s EPC rating usually improves substantially. This not only makes the property more appealing to buyers but could also qualify the property for various grants or tax benefits, further incentivising the purchase (property value boost).

DID YOU KNOW?

You can take advantage of the Government Funding and get a FREE Heat Pump when installing Solar Panels and Battery from only £79.16 p/m from us?

Future-proofing your home

Investing in renewables isn’t just about immediate returns or savings; it’s also about future-proofing your property. As energy prices continue to rise and global emphasis on sustainability grows, homes equipped with renewable energy options will stand out in the real estate market. Given the long life span of most renewable installations (solar panels, for example, can last 25-30 years), buyers recognize that they are purchasing not just a home but also long-term energy security.

DID YOU KNOW?

Did you know that you can fixe your energy prices at 8.5p/kWh for the next 25 years by buying solar?

The changing tides of buyer preferences

According to recent surveys, a significant number of homebuyers would prioritise a house equipped with renewable energy installations over those that feature new bathrooms or kitchens. This is a significant paradigm shift, signalling a more profound understanding of long-term value. A modern kitchen is undoubtedly appealing, but it won’t protect you against rising energy costs in the years to come. Likewise, a sleek new bathroom won’t contribute to a lower carbon footprint or a sustainable lifestyle. As millennials and Gen Z become a larger part of the homebuying market, the demand for eco-friendly homes is expected to increase even further.

solar panels from £4999
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Top renewables for property enhancement

Solar panels are perhaps the most commonly recognized renewable that adds property value. However, there are several other technologies that can also increase a home’s desirability. Air-source heat pumps offer a highly efficient alternative to traditional heating systems, and when powered by your own renewable energy, they can create even more substantial long-term savings. Additionally, the integration of home batteries for storing renewable energy and EV charging ports for electric cars are becoming standout features for potential homebuyers.

DID YOU KNOW?

Did you know that you can fixe your energy prices at 8.5p/kWh for the next 25 years by buying solar?

Conclusion

The trend is clear: renewables are no longer just an eco-friendly option but a strategic financial investment that can significantly impact a property’s value. Through improving your EPC rating, future-proofing your home against rising energy costs, and tapping into the changing priorities of modern homebuyers, renewable energy installations offer multi-dimensional value. So, the next time you think about a home renovation project to add value, consider skipping the marble countertops and instead invest in something that will not only increase your property’s worth but also its appeal to the conscientious buyer.

SOLAR PANEL

Solar panels can help you save money on your electricity bills and reduce carbon footprint.

EV CHARGER

Knowing that you have a dedicated charging spot for your EV can give you peace of mind.

HEAT PUMP

Air source heat pumps can be a cost-effective way to heat and cool your home.