November 21, 2024 6:29 pm
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Study: Rooftop solar adds thousands to home resale values

home resale values

home resale valuesCleantechnia

Installing rooftop solar panels boosts a home’s resiliency and green credentials while cutting utility bills, but does it also increase a home’s resale value?

The answer according to Exploring California PV Home Premiums, a new Lawrence Berkeley National Laboratory (LBNL) study, is a resounding yes – at least in California.

Data analyzed from 2000-2009 highlights a clear trend of solar homes selling for a higher premium than non-solar homes statewide, meaning going green also creates economic opportunity and empowers homeowners to make some greenbacks.

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