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There is a bunch of articles that show that installing solar systems can greatly increase the value of a house. Pay attention to the devil in some jaw-dropping estimated details.

In terms of solar energy, Australia undoubtedly meets the Lucky Country label and enjoys some of the cheapest prices in the world. Many claim that the appreciation of photovoltaics comes from the United States, but the situation in Australia is quite different.

For example, SolarQuotes’ Australian Solar Price Index shows that the average price paid by Australia for a 10-kilowatt solar system in October was approximately US$9,300 to US$9,400 (including installation). In the United States in July, the cost of the same system was approximately US$20,300. At the current exchange rate, this is approximately A$27,350, which is nearly three times the cost in Australia.

Some local websites also have undated estimates that indicate that every kilowatt of solar installed can increase the value of Australian houses by as much as US$6,000. The original source of this number is not clear, but perhaps it is based on fairly old information in the United States.

Speaking of age-the age of the system should also play a role.

Although cost and value are different beasts, it is hard to imagine a 10-kilowatt solar system-even a high-quality installation-that will now increase the value of Australian houses by 58,000 to 60,000 US dollars. The same is true for a 1kW system that has been in use for 12 years, pushing up the price by approximately $6,000.

In the latter case, the new owner may wish to remove it as soon as possible and replace it with a larger system. For some potential buyers, a small old system may be seen as a burden.

Although the amount of solar power generation system that can increase the value of a house is controversial and will be in the eyes of bystanders (buyers), the benefits that solar energy can bring to current residents are nothing.

If you are considering installing a system and plan to keep the property for a period of time, please don't worry too much that it may increase the resale value of the property. When you live there, focus on what it can do for you-you can estimate the return on investment and savings by using this beautiful solar calculator.

Whether you want to install a system or want to buy a house with panels already installed, it is very important to consider the quality of the installation.

There is no doubt that many Australians believe that houses equipped with solar panels can increase their value and help their sales (and may sell more), but perhaps Australian homebuyers are increasingly aware that not all solar installations are created equal .

This is beyond the brand of solar panels and solar inverters used. A system can have the best components, but an incompetent installer can really mess things up-this may have an impact on electrical safety and system performance.

There are many excellent solar installers in Australia, but there are also not so good ones. It is not unreasonable to suggest that the latter work on thousands of rooftops across the country. You don't want to install that kind of standard on your house, and any potential negative impact on the value of your property is another good reason to choose wisely.

If you are buying a new home on the market, please learn some tips for buying a home with solar panels-this advice can avoid some headaches and heartaches.

Michael discovered solar problems after purchasing components to assemble a small off-grid photovoltaic system in 2008. Since then, he has been covering Australian and international solar energy news.

Keep in mind that even with older systems that can be improved by replacing them with more efficient and higher output systems, the basic wiring infrastructure is usually reusable, which significantly reduces the actual upgrade costs.

Please keep the SolarQuotes blog constructive and useful through the following 4 rules:

1. Preferred real name-you should be happy to add your name to your comment. 2. Put down the weapon. 3. Assume positive intentions. 4. If you are in the solar industry-try to understand the truth instead of selling. 5. Please keep the theme.

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