Does solar add value?
Australians believe homes with solar are more valuable than the equivalent house without.
Based on our survey of 1,005 Australians aged between 18-79 from all States and Territories in 2018 2, we found that 77% of Australians think a house with solar is more valuable than those relying on traditional energy sources. With 57% of homeowners saying they would pay up to $10,000 more for a home equipped with solar, and 60% would pay at least that much more for a home with both solar and a battery wall.
It’s not only good news for owner-occupiers , with 55% of renters saying they would be willing to pay up to $10 a week more in rent for a property with solar.
The survey also looked at the adoption of solar in Australian homes - revealing that while only 20% of people currently have solar panels3 installed, 57% plan to have a solar battery installed within the next 5 years.
If you’re a property owner, your home is probably your biggest asset and ensuring it grows in value is a significant part of your financial future. Our research shows that recognising your empty roof space as a potential asset and installing solar panels could provide a real boost when you decide to sell.
If you want to make Origin your solar choice and join the 100,000 households we’ve helped reduce their carbon footprint, have a chat with one of our solar experts. We can help design a solar system suited to your budget and based on your energy usage and home – including roof type, size and shading.