Moving to a new home is an exciting but complex process, and if you have invested in solar panels, you might wonder what will happen to them when you move. Should they stay or go with you? The team at Green House Solar is here to address common concerns and explore the options available to homeowners in this situation. Whether you’re incorporating the panels into the sale of your house or understanding the potential impact on your property value, we’ll discuss your best options.
Should You Bring the Solar Panels With You?
When moving, whether upsizing or downsizing, your initial thought might be to take the solar panels with you to continue benefiting from lower energy rates. However, there are several factors to consider with your new property:
Location of New Home vs. Old Home
If your new home is nearby, your solar installation company in NJ might be able to handle the removal and reinstallation of the panels. However, this is usually not the case or worth the effort. The removal process is complex and can potentially void your warranty. It’s important to call your solar installer and discuss the best course of action before finalizing the sale of your home.
New Regulations to Abide by
After contacting your solar installation company, the next phone call you should make is to your new electricity provider. It’s important in order to understand their solar program and how to connect new panels to the electricity grid. Other considerations include permits, tax incentives, grants, and the possibility of selling excess power back to the grid.
How Much Sunlight the Property Captures
While most solar panels work in many different environments, some homes are better suited for solar systems than others. If you’re moving to a less sunny state or a property with a handful of shady trees, it makes more sense to sell your current home with the solar panel system that was custom designed for it. At Green House Solar, we design a system for each property based on satellite imagery using LIDAR that is generally very accurate. We then take physical measurements during the site survey phase to confirm the project can in fact be installed as designed. This process ensures each solar system we install is extremely customized to the home and its environmental conditions – which in turn ensures optimal energy production.
Should You Leave Solar Panels for the New Buyers?
Leaving the solar panels with your current home is a great selling point. A solar system is attractive to buyers who want to lead a greener lifestyle, and it can increase your home’s asking price and potentially expedite the sale. It also means lower electric bills for the new owner. A 2019 Zillow report found that homes with solar sold for an average of 4.1% more than comparable homes without solar.
How Does This Process Work with a Solar Lease?
If you have leased solar panels, the situation differs because you do not own the panels outright. In this case, you need to contact your solar provider to discuss if it’s possible to move the panels to your new location. If it’s not possible or you decide not to take the original panels, you may have to buy out the remaining balance on the solar lease.
However, if the panels stay with the home, the new buyer must agree to take over the lease. The solar lease agreement would transfer to the new homeowner, who can then enjoy the benefits of lower energy bills. While the process is straightforward, it requires the right buyer who is willing to take on the lease.
Solar Panels For Your New NJ Home
Whether you’re ready to install a new home solar system or you still have some questions about your old solar system, our team of experts can walk you through all your options. We could also lay out all the federal and NJ state incentives available to you. Green House Solar installs solar panels that are designed to stand the test of time and endure all different weather conditions – no matter where you live.
For more information about how solar panels can increase your property value, or if you would like more information about installation costs, please contact our team at Green House Solar today or visit us at: http://greenhouse.solar/.
