Selling Your Home? Your Solar Energy World System is Transferable
Since our solar systems provide 25-30 years of service, it’s a natural question for homeowners to ask: “What happens when we want to sell our home?” With Solar Energy World, we make it easy to transfer your system to a new homeowner, whether you own it or have a Power Purchase Agreement (PPA).
If You Own Your System
According to a recent study, solar can add up to $32,281 for the median-valued home to your selling price depending on what state you live in. You will need to properly explain the benefits of your system to prospective buyers and to your Realtor if they are not familiar. Solar Energy World can help with this process.
If You Have a PPA (Power Purchase Agreement)
The simplest and easiest option for all involved is to transfer the PPA to the homebuyer. The new homeowners will just need to pass a basic credit check and agree to take over the PPA. To make this work you just need to take the time to properly explain the PPA arrangement during the negotiation process as well as the savings and benefits associated with the solar system. Solar Energy World is happy to help educate your prospective buyers and their Realtor on how it all works.
If you are preparing to sell your home, contact Solar Energy World early to help make the process as smooth as possible.