Home Value Increase
Installing solar panels helps homeowners reduce their carbon footprint and energy costs. Those long-term savings translate into added value for your home. According to the Appraisal Journal, your home value increases $20 for every $1 reduction in your yearly energy bills. This means that if your solar system helps you save $400 in a year, your home value increases by $8,000.”
A recent study found that homes with solar panels sold for around 4% more than those without them.
REALTORS® and Sustainability (National Association of REALTORS®, 2024)
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George Scott
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Home Value Increase
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