Do Solar Panels Raise The Value Of Your Home

Simply put solar panels add both short term and long term value to your home.

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. Their impact on your home s value. According to the office energy efficiency and renewable energy the presence of solar panels adds at least 15 000 to the sales price. One of those factors.

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. The national residential solar system average of 5 kilowatts kw generates 5 000 watts of power. 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. It immediately ups the price because these panels make the home more modern and attractive.

It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels. After all they save homeowners a ton of money right. Installing solar panels in a home not only helps to reduce current monthly utility bills. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value.