The value of solar and wider benefits sought
Demand for houses fitted with the latest home technology is increasing – a new Digital Homes Report released by Barclays Mortgages has revealed that almost a third (30 per cent) of homeowners surveyed online believe installing technology in their home will increase its value.
Recent research by Barclays Mortgages (1) shows that solar power is considered the most desirable technology with homebuyers willing to pay more for homes equipped with solar panels.
This is reassuring news for homeowners looking to install after the January Feed in Tariff drop as; “solar power will still remain a great investment for forward-thinking home owners who want to protect themselves from volatile energy prices and do their bit to reduce global carbon emissions.”
Barclay’s initial analysis shows solar PV is still worth considering if you consider the wider benefits, such as energy security and the increased value to your home. Homeowners can also benefit by changing the way they use their generated electricity through higher day-time usage or via battery storage which is now a rapidly developing market.
For the full report please click the link below to be re-directed to the Barclays Mortgage website.
Notes to editors
The Barclays Mortgages Study (1) can be found: here