Solar Homes Add Resale Value
Study finds that solar often adds $15,000 to home value.
Lawrence Berkeley National Laboratory (LBNL), showed that homeowners across the country have been willing to pay a premium for a solar home that reflects the value of the solar system, which was about $15,000 for a home with an average-sized, resident-owned solar array. Although market factors like electricity rate and system price may impact the size of the premium, solar homes can be expected to sell for more than homes without PV.
Solar systems not only increase the value of a home, they also increase the speed with which a home is sold. Evidence indicates that homes with PV spend less time on the market than those without. In 2008, California homes with energy-efficient features and PV sold faster than homes that consumed more energy. In Denver, homes with solar were also sold more quickly
Source Department of Energy
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