Do Solar Panels Affect House Prices. One of those factors. Energy efficient upgrades generally increase property value. Whether the solar panels are leased and owned also may affect the appraisal.
The average solar panel payback period is 7 to 12 years and solar energy saves 600 to 2 000 per year on electricity costs. In texas upgraded homes sold for an average of 8 more than less efficient homes according to the u s.
For the average installation the authors found that solar panels added a 20 194 premium to the sales price of the house based on repeat sales data houses were in the mid 500 000 range.
Whether the solar panels are leased and owned also may affect the appraisal. But 17 said that solar panels decrease its value. Whether the solar panels are leased and owned also may affect the appraisal. One of those factors.
