Will a solar PV system increase my property value?

Yes. The Appraisal Journal reports the increase in appraisal value for a home with a solar PV system to be 20 times the annual reduction in operating costs according to its measure of energy efficiency. So, if a PV system can reduce the electrical bill by $3,600/year ($300/month), there will be a $72,000 increased appraised value from that PV system.

Now more than ever people are willing to invest more in their home purchases when equipped with solar PV systems, because people understand the immediate and long-term value of the system.

Category: General

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