Homes With Solar Panels Sell Faster

1 today s rapid expansion of solar across the country is increasing appraiser and homebuyer understanding of the reliable long term benefits of grid tied solar.

Homes with solar panels sell faster. Additionally there is evidence homes with solar panels sell faster than those without. For the median valued home that translates to an additional 9 274. In 2008 california homes with energy efficient features and pv were found to sell faster than homes that consume more energy. The most comprehensive report regarding solar resale value was conducted by the berkeley.

In by far the most exhaustive and detailed study to date the national renewable energy laboratory nrel found that solar homes sold 20 faster for 17 more than the equivalent non solar homes across several subdivisions built by different california builders. Not only can adding solar panels to a home save energy costs and help the environment it also can potentially increase a home s value. Keep in mind these studies focused on homeowner owned solar arrays. Buying a solar energy system will likely increase your home s value.

Homes with solar sell faster and for about 15 000 more than homes without solar berkeley national laboratory. During the past year homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power. Clark howard sites same berkeley national labaratory.