Homes with PV Systems Sell at a Premium
Many of our members have asked if there is information on the value of having a solar system on their home’s worth. The answer is yes. The proof is in a report released by the Lawrence Berkeley Laboratory (LBL) in April 2011. The report was based on home sales in California so the increased value may be different here in the TVA valley. With that proviso, what the LBL report found was that new homes with PV increased the value of their home between $2.30 and $2.60 per watt installed capacity. Existing homes produced a higher premium, somewhere around $6.00 per watt or more.
research report summary