A few weeks ago, I wrote a post on solar panels. Two of my past clients, Andrea and Moira, had been told by a solar panel company that they were the perfect candidates for solar panels due to their home’s location. They were concerned, though. While both were drawn to the idea of doing their part to help the environment, they had a number of questions that needed to be answered before they could move forward.
I’ve decided to take their questions and pose them here. Each question will be followed by an answer that I received after calling Logitest Solar Inc. If you have questions or concerns of your own, please be sure to post them here and I’ll gladly find the answers for you.
1. Will solar panels affect the value of my homes?
According to a sales representative at Logitest Solar Inc. here in Vaughan, no studies have been conducted on Canadian homes and solar panels. Studies, however, have been conducted in California. We can assume that the numbers will be similar here. The sales rep quoted me these statistics:
- On average, California homes with solar panels installed sell for 17% higher than those without.
- On average, California homes with solar panels installed also sell 20% faster than those without.