Savenia Finds Increased Home Value in Solar Leases
Recently an increasing number of articles published in national outlets like the Washington Post, Los Angeles Times, NPR and others are warning consumers about the difficulties in selling a home with a leased solar system.
These articles often present an unbalanced view by focusing on rare horror stories, an approach that could easily lead to fewer homeowners choosing to go solar and to the creation of problems in the re-sale market.
As an independent 3rd party with direct experience evaluating solar systems for home sellers in many states, Savenia believes solar leasing can be a valuable option, and calls for a more balanced discussion on the merits of each purchasing method and the implications for home buyers.
Solar leases are a key driver behind US solar growth, and thousands of homes with leased systems have already been sold. Large studies show that homes with owned solar systems sell for a price premium, and our ratings have shown additional value for buyers of solar homes with pre-paid leases or contracts that lock in low energy prices relative to the market, in addition to the environmental benefits.
Solar home sellers need to explain the benefits of their systems to prospective buyers, and firms like ours now provide marketing services to make this process easier.
There are many variations of solar financial contract arrangements in the market and a changing regulatory environment, underscoring the need for scrutiny by both sellers and buyers prior to sale.
Savenia helps homeowners, Realtors, builders and renovators unlock the value of home efficiency upgrades. Solar, High Efficiency Appliances, HVAC, Lighting, Water Heating and more.
Savenia provides home sellers with customized Home Rating Labels, marketing materials and online marketing to differentiate, sell faster, and capture the full value of homes for sale. www.saveniahome.com