Answer
Aug 11, 2020 - 01:08 PM
Imagine two identical homes next to one another, one with an installed solar system and one without it. It is reasonable to expect that the house with the customer owned solar system would be worth more because the homeowner would pay much lower electric bills. A Lawrence Berkeley National Lab study (using data from real estate sales in California and in 7 other states including Massachusetts) concluded in 2015 that the premium paid for homes with installed solar PV systems was about equal to the initial cost of the PV system. See here.
For a typical home with a 7kW system, this would represent an increase in value of around $21,000 to $28,000 (around $3 to $4 per installed watt). There are now excellent continuing education courses for real estate agents so they can better understand how to sell a home with a solar system. Direct your real estate agent to Selling the Sun: A Real Estate Agent’s Guide to Valuing and Selling Residential Homes With Solar.
