Solar power has been hailed as a game-changer in the quest for clean, renewable energy. In recent years, many homeowners in Albuquerque, NM have embraced this technology, hoping to save on energy costs and reduce their carbon footprint. However, there are some potential pitfalls to consider before jumping on the solar bandwagon. In this blog post, we'll discuss four dangers of installing solar panels on your home, and why it's essential to consult with a real estate expert like Waylon Chavez of ABQ Premiere Properties before making your decision.

1. The Financial Burden of Selling Your Home

One significant concern for homeowners who've installed solar panels is the financial burden associated with selling their property. When you purchase solar panels, you typically enter into a loan agreement or lease. If you sell your home before the loan is paid off, the new buyer must inherit the remaining balance. This can make it more challenging to find a willing buyer and could result in a lower sale price for your home.

2. Potential Fire Hazards

While solar panels are generally safe when installed correctly, improper installation can lead to fire hazards. This could be due to faulty wiring or insufficient space between the panels and the roof. In some cases, fires have been reported as a result of solar panel installations (source: National Fire Protection Association). To mitigate this risk, make sure you choose a reputable, experienced installer and follow all local building codes and guidelines.

3. Roof Damage

Improper installation of solar panels can lead to roof damage. Poorly installed panels may cause leaks, mold, and structural issues. It's essential to work with a reputable installer who will take the necessary precautions to ensure your roof remains in good condition. Additionally, consider the age and condition of your roof before installing solar panels, as you may need to replace it sooner than expected.

4. Maintenance and Warranty Concerns

Solar panels require regular maintenance to function efficiently. Cleaning and inspecting your panels at least once a year is crucial for optimal performance. Furthermore, warranties for solar panels and their components can vary widely, so it's essential to understand what is covered and what isn't. Be aware that some warranties may be voided if you don't adhere to specific maintenance requirements or if you use unauthorized parts or labor.

Do Your Homework

Before deciding to install solar panels on your home, it's crucial to do your research. Consult reputable sources like the Solar Energy Industries Association (SEIA) and the North American Board of Certified Energy Practitioners (NABCEP) to ensure you're working with a trustworthy installer.

Why Consult with a Real Estate Expert?

With over 17 years of experience, Waylon Chavez and the team at ABQ Premiere Properties can help you navigate the complexities of solar panel installation. They can provide valuable insights into how solar panels may impact your property value and advise you on the best course of action to protect your investment. Moreover, their extensive knowledge of the Albuquerque real estate market can help you make informed decisions about your home.

Conclusion

Solar panels can be a fantastic investment, providing clean energy and potentially saving you money on your energy bills. However, it's essential to be aware of the potential dangers and consult with a real estate expert like Waylon Chavez of ABQ Premiere Properties before making a decision. By doing so, you can ensure that your solar panel installation is a wise and safe investment in your home's future.

Waylon Chavez

Real Estate Trusted Advisor

ABQ Premiere Properties

505-712-1340

[email protected]