British Expats - Solar Panels

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Re: Solar Panels

Quote:

Originally Posted by Alfresco (Post 11337894)

Mmmm. Doesn't sound like it's worth it then.

But you can have hours of fun playing with these calculators....

https://www.solarmarket.com.au/solar...gs-calculator/

(You get a FIT of 6c from you electricity company in Qld if you go solar now.)

Re: Solar Panels

Quote:

Originally Posted by lesleys (Post 11337887)

Not in Qld. When you sell the house the feed-in tariff finishes. It's non-transferable to either a new owner or another property.

OK - I wasn't sure. I knew it was not transferable to another property.

Having said that, a solar system you didn't pay for is better than no solar system.

Re: Solar Panels

Quote:

Originally Posted by Buzzy--Bee (Post 11336792)

That wasn't what he was asking.

The question was - "if I own a house that is worth $500,000, and I install a solar power system that costs $10,000, will I be able to sell the house for $510,000?" The answer is no, it will still be worth $500,000. Just like water features and Bali huts, solar power adds no $ at sale time.

BB

I agree with what is being said in principal..... Although it doesn't actually add value, I believe it adds saleability to the property.

Knowing how much we save with our solar power, if I were selling this house, I would certainly be promoting the fact the swimming pool pump runs all day for free and the water is filtered and heated for free. Our washing machine and dish washer are timed to switch on during the 'solar usage time', the LED light throughout the house offer savings at night which means lower powers bill and if you don't want high power bills ...... this house (as apposed to one without solar power) is a good buy for those reasons.