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Increase Home Value with Solar

  • David Bellingham
  • Nov 27
  • 3 min read

If you’re considering going solar, the first benefit you probably think of is lower electricity bills. And that makes sense—Calgary’s rising energy rates have made solar one of the most reliable ways to control long-term costs.


But another major advantage often gets overlooked: solar panels can significantly increase your home’s value, especially in a competitive market like Calgary. With more buyers looking for energy-efficient, cost-saving homes, solar has shifted from a “nice bonus” to a highly desirable upgrade.


Whether you’re planning to stay in your home long-term or thinking about resale in the near future, here’s what Calgary homeowners need to know about how solar impacts property value.


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Why Calgary Buyers Want Solar-Equipped Homes


Calgary’s real estate market continues to grow, with younger buyers, new families, and environmentally conscious homeowners all looking for smart, sustainable features. Solar checks every box:


1. Lower monthly energy bills

A home with solar means immediate, guaranteed savings for the buyer—something that’s extremely appealing given Alberta’s fluctuating electricity prices.


2. Predictable long-term costs

In Alberta’s deregulated market, homeowners are tired of unpredictable bills. A solar system provides long-term stability that buyers value.


3. Modern, future-ready homes

Solar is now seen as a premium upgrade, similar to a renovated kitchen or updated HVAC system. Homes with solar stand out in listings and showings.


4. Appeal to eco-conscious buyers

More Calgarians care about renewable energy than ever before. Solar helps buyers feel good about their environmental impact.


In short, a solar-equipped home offers both financial and lifestyle benefits, making it far more attractive in a crowded market.


How Much Value Does Solar Add?


While every home and neighborhood is different, multiple studies across North America have shown that homes with solar typically sell for 3–5% more than comparable homes without it. In some cases, that number is even higher.


For Calgary homes ranging from $500,000 to $800,000, that could mean:


  • $15,000–$40,000 increase in value, depending on system size, age, and performance

  • Faster selling times

  • Higher buyer interest and stronger offers


Because Calgary receives exceptional sunlight—over 300 sunny days per year—solar-equipped homes also tend to show strong year-round production data, which helps justify the added value.


Solar Makes Your Home Cheaper to Live In—A Major Selling Point


A home with solar isn’t just energy-efficient; it’s cost-efficient.


If your system offsets 60–100% of your annual electricity usage, a buyer immediately inherits:


  • Lower electricity bills

  • Protection against rising utility rates

  • Increased monthly cash flow


When buyers compare two similar homes, the one offering long-term savings usually wins—even if the price is slightly higher.


What Calgary Appraisers Look For in Solar Homes


When appraisers assess a home with solar, they consider factors like:


1. The age of the system

Newer systems with long warranties (20–25 years) yield higher value.


2. System size and production

A properly sized 7–12 kW system looks more attractive than an undersized one.


3. Ownership status

Owned systems add full value. Financed systems still add value but depend on transfer terms.

Leased systems are rare in Alberta and generally do not apply.


4. Brand and build quality

Tier-1 panels, quality inverters, and professional installations all positively impact appraisals.


5. Documentation

Performance reports, warranties, and installation details help appraisers calculate added value accurately.


Many solar installers provide a “home resale package” to make this process easier.


Why Solar Matters Even More in Calgary’s Newer Communities


Calgary’s fastest-growing neighborhoods—Mahogany, Livingston, Seton, Cornerstone, Auburn Bay, and others—draw many young families and first-time buyers. These buyers are:


  • Tech-savvy

  • Budget-conscious

  • Environmentally aware


Solar is a major selling advantage in these communities. It fits perfectly with modern home designs, energy-efficient builds, and the long-term lifestyle planning younger buyers prioritize.


Builders in some Calgary communities already include solar on new homes, which makes existing homes with solar even more competitive.


Solar + Roofing: A Power Duo for Home Value


In Calgary, hail is a major concern, and buyers care deeply about roof condition. If your roof is newer—especially impact-resistant—and paired with solar, that’s a massive selling point.


A home with:


  • A new roof

  • Solar panels

  • Long-term warranties

  • Becomes one of the top listings in its price range.


Solar doesn’t just reduce your monthly bills—it strengthens your home’s resale potential, increases buyer demand, and positions your property as a modern, energy-efficient choice in a competitive Calgary market.


Whether you’re staying in your home for the next 25 years or thinking about listing in the next few, solar is one of the most valuable upgrades you can make.

 
 

Does your home qualify for SOLAR?

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Fill out our quick and easy questionnaire to find out!

 

It only takes a couple of minutes, and your answers help us create a personalized solar proposal showing how much you could save. There’s no cost, no obligation, and we’ll never ask for any banking information—just honest advice to help you make an informed decision about switching to solar.

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