Do Solar Panels Raise The Value Of Your Home

A solar equipped home could potentially add about 3 x 5 000 watts 15 000 to a home s value.

Do solar panels raise the value of your home.

Installing solar panels in a home not only helps to reduce current monthly utility bills. It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels. According to the office energy efficiency and renewable energy the presence of solar panels adds at least 15 000 to the sales price. Says real estate agent aaron zapata of inman according to fha and fannie mae whether solar panels add value or are viewed as a liability is still unclear.

Find everything you need to know about solar panels and solar installation costs. It immediately ups the price because these panels make the home more modern and attractive. Their impact on your home s value. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study.

Solar panels are one of those tricky things we all like to believe increase the value of a home. After all they save homeowners a ton of money right. Studies linking solar panels to home value increases the appraisal journal cited researchers ruth johnson and david kaserman who report home value increases of about 20 for every dollar saved on annual energy costs. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value.