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How will solar affect my home value if I want to sell?
Home solar not only can reduce or eliminate your electric bill, but it is also, always a good real estate investment which can contribute to increasing home values by 3 to 4 percent. The combined benefit of higher resale value and lifetime energy savings makes solar a compelling financial investment.
One study by Lawrence Berkeley National Laboratory , which analyzed the sale of nearly 4,000 homes with solar in eight states, determined that some buyers, are willing to pay a premium of $12,000-$15,000 for a home with an average-sized, resident-owned solar array. That illustrates how important it is for buyers and sellers to familiarize themselves with how solar affects property values.
See also:
Guide to valuing residential solar energy systems – It was written by Seia to explain best practices for valuing a residential solar system.
I just bought a house with solar on it, but I know nothing about it. Can you help me?
I’m selling my house – can I take my solar with me?