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Solar Panels Increase Home Equity

Increase Your Home Equity by 3-5% 

Homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.

Early studies focused on established solar markets such as California found that home values increase by four percent or more when homes are equipped with solar panels. For a standard 6-kilowatt solar PV system, this means that solar can add $24,000 to your home's resale value.

Many of the same factors that drive your overall financial returns also drive increases in property values. Not surprisingly, the largest increases are in areas where electricity rates are high and strong solar incentive programs exist. All of this is great news for property owners with solar PV systems: they not only recoup the initial cost of their systems when they sell, but also receive a premium that will increase their returns on their investment.

Sourced From Energysage

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.

Solar Panels Increase Home Equity

Increase Your Home Equity by 3-5% 

Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area. They also tend to sell twice as fast as the competition.Early studies focused on established solar markets such as California found that home values increase by our percent or more when homes are equipped with solar panels.

Many of the same factors that drive your overall financial returns also drive increases in property values. Not surprisingly, the largest increases are in areas where electricity rates are high and strong solar incentive programs exist. All of this is great news for property owners with solar PV systems: they not only recoup the initial cost of their systems when they sell, but also receive a premium that will increase their returns on their investment.

Recognizing that solar power systems add value to a property, the real estate industry is working to create more sophisticated methods for accurately determining the market value of solar, as well as the financial value of properties equipped with solar power systems.

Can your property value increase if you lease your solar panels?

Installing solar panels on your home can increase its value, but only if you own the system. Most studies about solar and home values focus exclusively on owned solar energy systems.
 

Sourced From Energysage

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote for your home.

Solar Panels Increase Home Equity

Many of the same factors that drive your overall financial returns also drive increases in property values. Not surprisingly, the largest increases are in areas where electricity rates are high and strong solar incentive programs exist. All of this is great news for property owners with solar PV systems: they not only recoup the initial cost of their systems when they sell, but also receive a premium that will increase their returns on their investment.

Recognizing that solar power systems add value to a property, the real estate industry is working to create more sophisticated methods for accurately determining the market value of solar, as well as the financial value of properties equipped with solar power systems.  

Can your property value increase if you lease your solar panels?

Installing solar panels on your home can increase its value, but only if you own the system. Most studies about solar and home values focus exclusively on owned solar energy systems.
 

Sourced From Energysage

  Interested in a Free Sun Analysis?
    Request a sun analysis to get a true cost quote.


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