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Expert: Installing solar panels can increase property value

Expert: Installing solar panels can increase property valueGoing green with energy-efficient home improvements can add value to a propertyProperty owners have been told that installing solar panels alongside their double-glazed windows can help add around five per cent to a home's value.

Michael Holmes, spokesperson for the National Home Improvement Show, said that people should look to follow the example of Prince Charles, who is having solar panels put on the roof of Clarence House in order to cut energy bills after receiving permission from Westminster City Council.

"Renewable energy saving technologies in the home can add up to approximately five per cent to the retail value of a home. This is in addition to being able to generate up to £700 a year per household under the feed-in tariff scheme," he added.

The expert stated that homeowners will not only see a financial gain with a bolstered market value, slashing bills and making a financial return, but will be making a strong contribution to the future generations.

Posted by Tim Lloyd
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Article Added: 27/08/2010 10:49:25
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