Comment on How I Installed DIY Solar Power and Started Running My House on Batteries
povoq@slrpnk.net@slrpnk.net 13 hours ago Sounds like you paid 40k for a system that’s worth around 10k. That absolutely happens with some companies that do the full installation, but it is a total rip off.
zod000@lemmy.dbzer0.com 6 hours ago
The system was worth more than $10k (it was the largest allowed by law), but a good chunk of the cost was definitely the installation and 20 years full warranty. Luckily I was able to transfer that to the new owner. I have been specifically told that essentially all improvements you can do to a home won’t reflect the their cost in the sell value for the most part. You’re lucky to get 25% in most cases, solar is actually better than most things because it is fairly universally desired. Some things do better than other regionally, e.g. in ground pools can get most of their value in FL apparently as long as you don’t go overboard on costs.
Yeah that warranty…
Anyways, solar is a bit unique in that regard, as it isn’t just an general improvement, but actively pays for itself. Heatpumps also fall in that category. Most people realize that if they get such a system for cheap that is actually a discount on the home price and adjust their expectations accordingly. Of course I agree with you that it likely isn’t going to increase the value beyond what it cost to install.