Residential Increase

Besides providing savings on your monthly utility bill, a solar electric system raises the property value of your home. The US Department of Energy (through the Lawrence Berkeley National Laboratory) released a report that found California homes with PV systems in place on average sold for $17,000 more than their non-PV installed counterparts. Which came out to $3.90 to $6.40 per watt increase in home value. Other reports have found that for every dollar saved on utility bills the home value increased by $20.

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