[RE-wrenches] wrenches] Value of PV system to a home

[john]

Same story here in Vermont.  One of my customers (PV and SHW) decided to sell after his wife died of cancer.  Needed a new start, new place.  He listed his house at the going price + cost of systems plus $25,000, planning on it taking awhile to sell.  It sold in 3 weeks!  A young couple bought it because they wanted solar and liked the idea of not having to go to all the trouble to get it installed.  One mortgage payment... all done. 


John Blittersdorf 
Central Vermont Solar & Wind LLC
104 River Street
Rutland, VT 05701
 
-----Original Message-----
From: Solar Energy Solutions <solarenergysolutions at yahoo.com>
To: RE-wrenches <re-wrenches at lists.re-wrenches.org>
Sent: Wed, Mar 23, 2011 1:24 pm
Subject: Re: [RE-wrenches] Value of PV system to a home




Aah, the persistent and what I find irritating issue of solar and economic value. Simply and as calmly put as I am able, money isn’t the issue, because a simple arithmetic calculation of costs just doesn’t capture the relevant factors. Just like a car, TV, cell phone, couch, or whatever, the real payback is in having something that does something for you, not recouping the costs.  Also, it's the Environment ... !
 
Sadly, I know this is an extreme view so please don't bombard me with arguments I have heard add nauseam for the last 30 years.
 
We did have a client who installed a 3kW and solar water heating system and two year into ownership had to sell his house due a job relocation.  In our area, Portland Oregon, the average time a house takes to sell is 5 months.  His sold in a month, at above market rate with folks courting him for the sale.  Whoooo Da... Go Solar!
 
 Smiles,


Andrew Koyaanisqatsi
President
Solar Energy Solutions, Inc.
Since 1987,
Moving Portland and Beyond 
to an Environmentally Sustainable Future.

503-238-4502
www.solarenergyoregon.com 
 
"Better one's House too little one day
than too big all the Year after."


--- On Wed, 3/23/11, Bob-O Schultze <bob-o at electronconnection.com> wrote:


From: Bob-O Schultze <bob-o at electronconnection.com>
Subject: Re: [RE-wrenches] Value of PV system to a home
To: "RE-wrenches" <re-wrenches at lists.re-wrenches.org>
Date: Wednesday, March 23, 2011, 9:41 AM


Regardless of the valuation placed on a PV or SHW system, a "green" real estate broker I know tells me that in the current market, having either or both of those on a home significantly increases the chance of the home actually selling rather than sitting on the market forever.
It's hard to imagine that anyone really wants to sell their home into this market, but for those folks who must for whatever reasons, that's a big deal.
Bob-O
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