Solar Increases a home’s resale value!
The answer is YES!! according to a study by Lawrence Berkley National Laboratory (LBNL) study (Exploring California PV Home Premiums)!
Data analyzed from 200-2009 highlights a clear trend of solar homes selling for a higher premium than non-solar homes statewide, meaning that going solar also creates economic opportunity and empowers homeowners to make some MONEY!!
$5900 Resale Value Increase per KW Installed
LBNL’s report estimates that each 1-KW rooftop system size adds $5911 to a home’s resale value. “Our analysis offers clear support that a premium exists in the marketplace, thus PV systems have value and their contribution to home values must be assessed,” states the report.