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Homes' solar panels often boost values

April 21st, 2011 2:12 PM by Teresa Molina

A study to be released today by Lawrence Berkeley National Laboratory found that solar boosts the resale value of homes, both new and old.

The researchers analyzed the sales of about 2,000 solar homes in California from 2000 through mid-2009 and compared the prices to those of 70,000 comparable houses without solar. On average, a solar system added about $5.50 per watt to a home's resale value. For a home with a typical 3.1-kilowatt solar system, that represents an extra $17,000 above the cost of a comparable, nonsolar home.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/04/20/BUJ61J4J4K.DTL#ixzz1KC79cRjc

Posted in:General
Posted by Teresa Molina on April 21st, 2011 2:12 PM

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