Do Solar Panels Add Value To Your Home. Installing solar panels in a home not only helps to reduce current monthly utility bills. It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels. The berkeley lab study says that each watt of installed solar capacity adds around 3 to a home s value.
Thus a home with solar should sell for about 4 x 5 000w 20 000 more in ca or still 3 x 5 000w 15 000 more outside of ca. A solar equipped home could potentially add about 3 x 5 000 watts 15 000 to a home s value.
The national residential solar system average of 5 kilowatts kw generates 5 000 watts of power.
Solar panels are good for the environment and your utility bills and they increase the value of your home. One of the top ranking eco friendly features on the list solar panels were a popular upgrade especially among value priced or entry level homes those in the bottom third by price. Solar panels are good for the environment and your utility bills and they increase the value of your home. Installing solar panels on your home makes no difference to how much it s worth according to two thirds 67 of estate agents.
