Do Solar Panels Increase the Value of My Home?
One consideration people have when making an investment in solar is whether or not solar panels increase the value of their home.
Many worry adding solar could affect the resale value of their home, even if it reduces utility bills. Adding solar is a home improvement project that changes how energy is used and keeps giving back to the homeowners, pre- and post-sale.
In addition to saving money on your monthly electric bill, adding solar to your house can increase its value. According to a 2019 Zillow study, homes with solar sell for an average of 4.1% more than homes without solar.2 For example, on a $500,000 home that could mean an additional $20,500 of value from solar alone, increasing the value of your home. In fact, more than 80% of homebuyers say energy-efficiency features (such as solar panels) are important to them. And when you take into account the possibility of added home value, plus any applicable incentives,1 the solar investment can quickly pay for itself.
Solar Panel Aesthetics – How Will They Impact My Home?
Another question people have about solar, tied to the value of their house, is about aesthetics. They want the benefits of rooftop solar panels, but how will it look? The panels we install are sleek and modern, and designed to blend harmoniously into your roof. Combined with our other premium installation equipment, they complement any architectural style.
Our systems are also covered by manufacturer and workmanship warranties. So, you can rest assured you've made a smart decision for your home.
Ready to Learn More about How You Can Power Your Home with Clean, Renewable Solar Energy?
SunPower is changing the way our world is powered by making solar and storage more accessible to everyone. With over a decade of solar experience, we know the solar industry. If you're considering installing solar panels or energy storage, talk to one of our solar experts today.
Schedule your free, no-obligation consultation by calling 1-877-299-4943. Our team of solar experts are here to help make your transition to a sustainable lifestyle quick and easy.
Sources
1 - Federal and state tax credits and local incentives vary and are subject to change. SunPower does not warrant, guarantee , or otherwise advise its customers about specific tax outcomes. Consult your tax advisor regarding these solar tax credits and how they apply to your specific circumstances. You can also visit the dsireusa.org website for information on incentives available in your area.
2 - Zillow, Homes with Solar Panels Sell for 4.1% More, a comparison of home values with and without solar, in New York, NY, Orlando, FL, San Francisco, CA, Los Angeles, CA and Riverside, CA. April 2019.