Ten years ago, I would say no. However, technology has evolved to be more attractive and productive. With that said, I would still look at solar panel installation from an economic point of view. Right now, systems generally can't pay for themselves without tax credits and other incentives available. Return on investment is very site-specific. You will have to enlist the help of experts to help you make that call.
I think we are getting closer to residential solar to being more than a novelty, but not quite yet. So, for me, right now, in the Chicago area, it's still a no. That may change.
Emerald Estates Realty, Inc.
Palos Heights, IL 60463... more
I would have to agree with Elizabeth. If you plan on staying in the home long term then you could argue that they add value-to you. However, will the home now sell at a premium because of the solar panels? I personally don't believe so. I have yet to have a buyer say they are specifically looking for a home with panels.
Licensed Real Estate Salesperson
Century 21 AA Realty
O: 631-226-5995 x206
Based on my experience with potential buyers. Those looking for Green Properties want an agent who walks the walk, not just talks the talk. Green Certifications are good, but they do not generally cover what most people consider Green.... more
Even though your ID is IL, your question is posted in the section for the Hamptons and North Fork area of Long Island, New York, which is where I work. So I'm not quite sure where your home is located, but maybe it's a second home here, so the answers below assume that's the case and even if not, hopefully will be useful.
Most residential underground oil tanks (metal) are generally less than 1000 gallon tanks and therefore, are considered unregulated tanks. (Only commercial tanks under 1,100 gallons are regulated.) Regular inspections are not required therefore, however, an unregulated tank that is tested and fails a tightness test is reported to the state regulatory authority (NYSDEC or NJDEP) as a spill site, and specific guidelines must be followed for removal. A tank that is more than 20 years old should be tested every 2 years, but given that a pressure test can itself create a leak, most owners are reluctant to do it. Tanks that are out of service for a particular period of time are required to be removed according the guidelines mentioned above or abandoned in place in accordance with Building Code regulations.
REMOVAL requires the tank to be uncovered, clean sufficiently well to be free of ignitable vapors, cut open and cleaned of all product and product residue. The tank is then excavated and removed along with all associated piping. The tank is inspected for holes and the tank â€œgraveâ€ is inspected for product release. The tank grave may be sampled for soil contamination by extracting soil from the base and sidewalls of the tank grave. The soil sample is then analyzed at a certified laboratory. If contaminated soil or groundwater is encountered, it is required by law, in most states, that the acting state environmental agency is notified. The remediation process begins by excavating contaminated soil and/or contaminated liquids be pumped and removed from the site.
LEGALLY ABANDONED The tank is uncovered, rendered free of ignitable vapors, cut open and cleaned of all product and product residue. The tank is then entered by a technician and visually inspects the tank for breaches. Soil may also be extracted from the perimeter of the tank by means of drilling through the tank and extracting soil samples or by â€œgeoprobingâ€ around the tank from the surface. If any contaminated soil is detected or breaches in the tank are observed, the tank must be removed from the ground and the site remediated. If no problems are observed, the tank may be filled with foam, sand or concrete slurry, depending on local municipality regulations. here it's foam or sand,. The environmentalist in me would always want to physically remove a tank, than have a big blob of foam surrounded by corroding metal in my garden, but that's just me.
WATERFRONT PROPERTY: You will need a Trustees Wetlands Permit, also DEC permit and various other Agencies for anything within the Trustees jurisdiction, which would be anything close to wetlands or a body of water. I'm not sure of Southampton Trustee jurisdiction, but in Southold, it's 100ft, so that may also impact where you can locate the new septic.
SEPTIC TANK: Please go to the Building Department at Southampton Town Hall and get the Building Regs. Don't assume that every company working out here understands the requirements of your Town. You need to make sure that what they are doing is in compliance and that they are taking care of any permits you may need, otherwise you may end up with a "Stop work Order" and hefty fines.
Well done for deciding to go green! It's a good feeling isn't it? I have great referrals for Solar and Wind installation in this area if you need them. Also, if you are waterfront and need a good Environmental Company to handle permits, I have several names I can also recommend who work between North and South Forks.