Do Solar Panels Affect House Value. Even if your installation only reduces your monthly power bill by 42 that still translates to a 20 000 increase in your home s ticket price. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study. Their first year savings at 15 kwh will be 1 200.
In terms of resale john distefano president of first fidelity appraisal services of new england said solar panels are growing in popularity. Their impact on your home s value.
According to a government sponsored study from the lawrence berkeley national laboratory the average sales boost from the average solar panel installation is about 15 000.
This system will save the family 54 000 assuming a 5 yr historical rate increase. They definitely add value to your home as long as. Even if your installation only reduces your monthly power bill by 42 that still translates to a 20 000 increase in your home s ticket price. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study.
