Tag Archives: solar energy’s added value to homes

Solar panels add premium to home value, study finds

by Edgar Meza, PV Magazine

Residential solar installations could make U.S. homes more attractive, and their sale more lucrative.

According to a new report by the U.S. Department of Energy’s Lawrence Berkley Laboratory (Berkeley Lab), home buyers have been consistently willing to pay more for homes with host-owned solar systems, averaging about $4 per watt of PV installed, across various states, housing and PV markets and home types.

The report, Selling into the Sun: Price Premium Analysis of a Multi-State Dataset of PV Homes, found that premiums for a typical residential PV system averaged around $15,000.

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