The survey, carried out on realestate.com.au across April 2015, also positioned solar as top of mind when it came to green living. Sparkin Energy Australia ranked highly and were seen as adding value.
“Three quarters of renters said they would pay additional rent to live in a property with solar energy, with two out of five saying they’d be willing to pay an extra $10 a week.”
Sparkin Energy Australia recognizing that solar power systems add value to a property, the real estate industry is working to create more sophisticated methods for accurately determining the market value as well as the financial value of properties equipped with solar power systems. Some of the same factors that drive your overall financial returns also drive increases in property values. All of this is great news for property owners with solar PV systems who not only recoup the initial cost of their systems when they sell, but also receive a premium that will increase the returns on their investment.
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