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Is It Good to Buy a House with Solar Panels?

If you’re in the process of looking for a new property and have come across houses that have solar panels and you’re interested in purchasing the property but aren’t sure if you should? You’re in the right place.

We will not be talking about exchanging solar panels for a house, though it might be an interesting topic. However, keep reading to know if this is a suitable property investment for you.

What do you need to check before buying a house with solar panels?

Before purchasing a house with solar panels, you’re going to want to check both advantages and disadvantages of getting a property with panels installed.

The advantages include a low electricity bill, minimum carbon use, low maintenance, high life span, and increased home value.

The disadvantages include issues while trying to remortgage properties with leased panels, extra expenses for repairs, and the warranty duration of central inverters.

Another tip is to ask for the solar energy production history of the previous house owner. This will ensure that the solar panels are really working and that there will be savings on the electricity consumption.

Will you actually own the solar panels?

The question of whether the solar panels installed on the roof of the house you’re renting belong to you arises regularly. Even though these panels are attached to the roof of your house, they will not necessarily belong to you.

Under the Rent-a-Roof scheme introduced in the 2010 Feed-in Tariff (FiT), homeowners could grant a lease of a duration of typically 25 years to third-party companies.

This lease allowed the companies access to homeowners’ roofs, where they installed the panels for free. Even though it was popular during the early 2000s, these schemes have disappeared nowadays.

However, those properties that agreed to the terms of the scheme when it was active will have to continually abide by the terms provided while agreeing to the lease.

Thus, making all and any subsequent property owners liable for any legal actions if the lease terms are not met.

Will you be able to get a mortgage on the property?

You can mortgage the property with installed solar panels, but some conditions will have to be met. If you’re concerned about remortgaging your property because of the solar panels installed on the roof. Here are some options of the possibilities of properties with panels.

1)  There is no outstanding lease.

In this scenario, the panels have been bought and are now owned by the homeowner. Since there are no binding legal terms for the panels, the application procedure should be completed without any hiccups.

However, keep in mind the homeowner should provide evidence of a warranty so that you can apply for insurance to cover the solar panels.

2) There is a lease.

In this scenario, you may face a few issues while trying to apply for a mortgage. Since the lease for the panels is still active, you will need to ensure the lenders are satisfied with the terms of the contract.

If they are, you can proceed with the application process. But, a clause may be added stating that the property owner will be responsible for repairs for the panels.

3) Removing the panels.

Here, you’ll need to negotiate the price for the property since this option entails asking the existing owner to have the panels removed and have the roof repaired as part of the cost of sale.

This is crucial since it can affect the stability of the existing roof structure. When the solar panels are removed, see to it that the roof is restored to a stable condition.

What You Can Gain By Buying a House with Solar Modules?

Now that most urban, semi-urban, and even rural communities are gaining awareness about the importance of sustainable forms of energy, solar energy utilization is becoming more relevant. One efficient way of tapping into a sustainable energy source is using solar panels

There are also modules considered tier-one solar panels, and you may want to check them out as well.

Having solar panels installed in the home will reduce electricity bills, you can reduce your carbon footprint, and protect you from rising energy prices.

These are also beneficial in the long run and will also be a  great incentive while you’re trying to resell the property.

If you’re on the other end of the transaction, then you’ll be able to enjoy the benefits of the panels immediately after getting the property.

1) Owned panels.

If the panels belong to the homeowner, then the property resale value significantly increases if solar panels are installed on the property. Now that you have bought the house, you also own the solar panels along with its other components.

You must keep in mind that there should be a thorough inspection to make in order to check the working status of the solar PV system.

2) Solar loan.

Depending on whether the loan is a secured or unsecured loan, you can take the necessary steps to ensure that the transaction is completed seamlessly. For a secured loan, the existing owner will need to pay off the remaining balance to proceed with reselling the property.

However, existing owners can sell without completing the payments for a loan if it’s unsecured since it’s not tied to the property.

3) Leased Solar panels.

If the panels are leased, existing owners can either pay off the lease, after which they can sell the property at a higher selling price.

Or, existing owners can transfer the lease to the new homeowner, provided the buyer is okay with the terms of the contract.

Moving into a house with solar panels

Here are a few key points to keep in mind when moving into a house with solar power systems.

  • Be aware of the Feed-in Tariff; a form will need to be filled and signed by the previous owners during the transfer of ownership. You’ll have to retain the contact details of the previous owners until the transfer is approved.
  • Once this is completed, you have to send a clear labeled reading of the generation meter to your electricity provider once a quarter.
  • Make sure you receive all the paperwork for the warranty for the panels. You should also ask for the login details for the monitoring portal.
  • The panels should be monitored periodically in order to make sure they are functioning properly. You should do a thorough check right after the transfer of ownership is complete and do it regularly.
  • Make sure that the inverter and battery pack is not installed in the bedroom.


Even though the concept of renewable energy has been discussed and talked about for a few decades now. But, people still hesitate to make the switch.

However, the use of solar energy is slowly on the rise. If you’re interested in a property with solar panels installed, maybe you should consider getting it. This is because a working solar PV system adds many long-term benefits to the property and your life.

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Is It Good to Buy a House with Solar Panels?
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Is It Good to Buy a House with Solar Panels?
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Super Human

He loves to read news and articles about renewable energy and technology. He is experienced in the solar energy industry. He loves to write articles, guides, and tutorials about solar PV technology.

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