Homes With Solar Panels Sell Faster

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.

Homes with solar panels sell faster.

Their house will sell faster an earlier study by the national renewable energy laboratory nrel looking at high performance homes in california found that homes with pv systems sold 20 faster and for 17 more across several subdivisions built by different california builders. Homes with solar sell faster and for about 15 000 more than homes without solar berkeley national laboratory. Buying a solar energy system will likely increase your home s value. The most comprehensive report regarding solar resale value was conducted by the berkeley.

For the median valued home that translates to an additional 9 274. Keep in mind these studies focused on homeowner owned solar arrays. 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. Clark howard wsb channel 2 atlanta.

A solar energy installation will help sell your home 20 faster than residences without solar panels. 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. During the past year homes with solar energy systems sold for 4 1 more on average than comparable homes without solar power.