Solar panels increase re-sale value

A study of house sales in the US shows a clear increase in value when a house has solar electricity panels.

 

The study is reported in Reneweconomy this week.

 

The article says:

“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 Premiumsa 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.”

That’s encouraging, isn’t it?
Shine on Sun, we’re getting you . . .
Michael

 

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  • Michael Mobbs

    Michael is a former Environmental Lawyer who is uniquely placed to consult in four main areas:

    • Sustainability Coach and Speaker,
    • Sustainable Urban Farm Design greening, watering and cooling the cityscape, roads, parks, suburbs,
    • Major Projects Consultant Commercial and Industrial,
    • Residential Sustainability Consultant.
    For permission to re-print any articles or to book Michael for a speaking engagement go to Contacts. Please ensure all quotes from Michael's blog include a reference to sustainablehouse.com....au.