Solar panels are a great renewable energy source and a good option to reduce your monthly power costs. Though they require an initial investment, if you’re considering buying a solar panel, you could be asking do solar panels make my home more valuable. However, solar panels can boost your home’s value in the long run. This is how.

Cost of Solar Panels

About a million houses in Northern Ireland now have solar panels installed, which is a rising trend. However, the price of solar panels is lowering. According to official data from 2021, solar panels for the typical Northern Ireland household are priced a little under £6,000 (£5,940).

A 3.8kW solar PV system which can help a family of about three persons cost, on average, £7,900 in 2014. Since the cost of solar energy has decreased by 25%. If getting a home addition costs roughly the same as installing solar panels, you may get your cash back and more from solar.

Choosing what solar PV system will best meet your needs in terms of power output and property. Make an appointment for a free survey with a qualified PV installer to learn the price of your solar panel installation. They will be able to securely inspect your property with a trained person on their staff.

How Do Solar Panels Make My Home More Valuable?

The key reason solar panels can raise the value of your house is usually similar to why you had them placed in the first place, so this may surprise you. Lesser cost energy. Anyone wants to cut their energy costs. Energy efficiency has been a major factor for many people due to the necessity that properties offered for sale have an Energy Performance Certificate (EPC).

Solar panels boost the value of your home. You’ll get a higher EPC grade and raise the value of your property by installing solar panels. Also, they won’t have to pay for or deal with installation costs, so they can finally enjoy the perks immediately. This makes it seem like a no-brainer. True, but it isn’t really that straightforward.

What Factors Influence the Value Added Of Solar Panels?

While you can get a general idea from these easy calculations, a range of variables impacts the added value of solar panels. Among the most significant are the following:

Can Solar Panels Lower Your Home’s Value?

Solar panels will likely reduce your property’s selling value despite the large expense you are making. How solar panels might devalue your property:

The age of your panels and the options you took while installing them will be key factors. A new owner needs to consider the price of changing or removing your panels if they’re getting close to their 20–25-year lifespan. It is crucial to who gets the Feed Tariff. Owners of solar panels are given this option to literally “sell” their unused solar energy to the grid.

Some homeowners consented to let installers keep this money to cut installation prices. They are leasing space on their roof to a solar energy installer in return for lower power bills. The amount the homeowner may save is also cut. This could make it harder to get a mortgage for real estate.

How Will Solar Panels Impact Your Property Taxes?

Your home’s property taxes will rise since adding a solar panel system boosts the value of your house. Some laws have been enacted to avoid charging homeowners for their purchase of solar panels.

Residential solar owners can avoid paying property and sales taxes in different regions. Owners can seek an exemption for the increased property value without losing it due to these solar property tax exemption rules. It’s crucial to remember that the exemption rate differs widely by region.

For instance, whilst some regions give a total exemption, others can only give it for a certain number of years. To enhance your higher property value, fully grasp your local policy.

How To Raise Your Home’s Value Using Solar

While solar panels still begin to lower your costs straight away, extra investments can aid you in boosting the value of your house’s power system. You can cut your reliance on the power grid much more, even entirely installing a solar battery, for instance.

An energy-conscious buyer who values freedom and savings on energy can place a higher price on your house if it has a solar panel system with a storage battery. Another trend becoming more popular with individuals who want to save their costs and carbon impact is using electric vehicles.

Smart EV charging stations which use solar energy to charge cars help homeowners make the most of their electric vehicles and solar panels. A smart solar-powered charging station is a big selling point for new home purchasers with electric vehicles.


Residential solar panel installation is a good investment. Do solar panels make my home more valuable? Your home’s worth would rise whether you upgrade it in anticipation of a future sale or decide to stay in it permanently. Payback periods are less of a problem due to this extra value. In a subsequent sale, you can repay your investment plus profit.