Do Solar Panels Increase Your Property Value

If the solar panels are financed considered personal property.

Do solar panels increase your property value.

Please do not get tricked talk to your lender because they are the subject matter expert not the solar companies. Installing solar panels in a home not only helps to reduce current monthly utility bills. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study. Solar panels are one of those tricky things we all like to believe increase the value of a home.

The solar panels will increase value to your if you own them outright not financed. Per the national renewable energy laboratory every 1 of savings generated from a solar energy system will add 20 to your home s market value when you decide to sell. It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels. Yes installing solar panels will increase the market value of your home by at least the cost of the system.

Do solar panels increase your property value. Says real estate agent aaron zapata of inman according to fha and fannie mae whether solar panels add value or are viewed as a liability is still unclear.