Homes With Solar Panels Sell Faster

Keep in mind these studies focused on homeowner owned solar arrays.

Homes with solar panels sell faster. A solar energy installation will help sell your home 20 faster than residences without solar panels. Homes with solar sell faster and for about 15 000 more than homes without solar berkeley national laboratory. Additionally there is evidence homes with solar panels sell faster than those without. In 2008 california homes with energy efficient features and pv were found to sell faster than homes that consume more energy.

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. 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. 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 sites same berkeley national labaratory. 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. 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.