Solar panels and the additional value they can add to your home

By
Commercial Real Estate Agent with 602 CRE BR649708000

Here in sunny Phoenix, Arizona when the temperature reaches 115 degrees in July and August, there's a real opportunity for real estate agents to explain to buyers the potential solar panels add to a house their clients maybe considering buying.  Remember though, our heat is only a dry heat. Hot Arizona heat

I used to live in a house that used this very technology and it was my first time doing so.  I have to tell you, it turned out to be awesome, the first time I got a check from the power company for power I hadn't used but that they bought from me was like being given free money.  Granted, my home was huge and had more panels than say an average 2,500 sq ft home would but you get the idea.

Most times a home that has solar panels already installed perks my ears up and I like explaining the benefits to my clients, here are some advantages of using solar energy on your home. 

  • Consider here in Phoenix we have over 330 days of sun a year (why wouldn't you invest in solar if you can right?) Plus most electric companies will help you subsidize it and make payments over time......HELLO!
  • Saves you money on your electric bill
  • You can lock in rates for years to come (imagine if you could have done that with gas when it was $1 a gallon)
  • Decreases your carbon foot print
  • Can actually make you moneysolar panels for home

SO HOW DOES SOLAR ENERGY AND SOLAR PANELS WORK?

Good thing you asked, and it's very easy?  Roof top panels contain silicon semiconductors that absorb sunlight

  1. Panels convert sunlight into electrons which flow as DC current to the inverter
  2. DC current passes through the inverter and becomes AC current, the electricity used in your home
  3. Any excess produced flows to APS power grid and you get credit to your account.  Because your home is connected to the grid you'll always have electricity.

So next time you see solar panels on a home your client wants to buy, definitely get a professional to inspect them and tell your clients about their huge benefits.

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This Active Rain post is by Alex Popovic, for all your real estate needs please call 602-290-4266.

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Alex Popovic Real Estate Agent Phoenix, AZ (602) 290-4266

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Comments (6)

Jan Green
Value Added Service, 602-620-2699 - Scottsdale, AZ
HomeSmart Elite Group, REALTOR®, EcoBroker, GREEN

Great blog!  As an EcoBroker, I love explaining this to my clients.  Plus I have been working on educating agents on the sales process.  Sign up to receive e-mails from some of my events by visiting usgbcaz.org.  Our Residential committee hosts events for appraisers, etc.  Search their calendar for last December's events on 12/2 & 12/3-4.  Might be great information for you when you sell a home with solar panels!

Feb 11, 2014 04:36 AM
Alex Popovic
602 CRE - Phoenix, AZ
Alex Popovic Developer, Real Estate Broker

Jan,

Hey thanks for the comment, I will have to sign up good luck up in beautiful CC.....love that place.  Binks

Feb 11, 2014 04:38 AM
Bill Reddington
Re/max By The Sea - Destin, FL
Destin Florida Real Estate

Living in Florida One of my goals this year is to add solar panels. Initially to heat my pool for the cooler months. You can sell power back to Gulf Power but the process is interesting at best.

Feb 11, 2014 04:49 AM
Alex Popovic
602 CRE - Phoenix, AZ
Alex Popovic Developer, Real Estate Broker

Bill,

Thanks for your comment, yes once you figure out the process its actually alot easier than most people think, they key is getting all your questions answered, doing your homework, and then doing a cost benefit analysis and break even chart

Feb 11, 2014 05:07 AM
DeeDee Riley
Lyon Real Estate - El Dorado Hills CA - El Dorado Hills, CA
Realtor - El Dorado Hills & the Surrounding Areas

Hi Alex,

I have solar myself so know the wonderful benefits.  I am always excited to list or show a house to a buyer that has solar!!!

DeeDee

Mar 08, 2014 03:19 AM
Alex Popovic
602 CRE - Phoenix, AZ
Alex Popovic Developer, Real Estate Broker

DeeDee,

Awesome, I had a house that had solar, it was the best thing I experienced as a home owner.  Thanks for reading and commenting 

Mar 09, 2014 08:26 AM

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