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 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.”