Solar does increase the value of your home. In fact, studies from Zillow have shown that the property values tend to increase on an average of 4.1%. Perspective homeowners are also more likely to buy a home with solar than without solar panels. Solar is becoming more and more attractive to buyers especially as energy bills are on the rise. Especially when buying a house, any cost saving measures can be invaluable in the long run.
Another study by the Lawrence Berkeley National Laboratory concludes that each kW of solar installed can raise your home value by $5,000. An average residential solar system is 5kW, raising home value by an estimated $25,000.
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