Solar
Homes Sell Faster And at A
Premium
There are now multiple, credible studies showing that solar homes sell faster and for higher values than comparable homes. The most compelling study was released this spring by the Lawrence Berkley National Labs, US Dept. of Energy.
For those selling a home, the addition of solar can add a valuable attribute with no out of pocket cost.
How It Works
- The lease is transferable to the buyer at no cost with no change in terms.(This applies even if the home sells before the system is installed.)
- As a seller, you will enjoy lower electric bills while your home is on the market
- The buyer
inherits $3,000 – $15,000 in electric
savings in
a home that avoids generation of:
- 121 tons of CO2 (Carbon Dioxide)
- 218 lbs of NOx (mono-Nitrogen Oxides)
- 66 lbs of SO2 (Sulfur Dioxide)
- 6 lbs of PM (Particulate Matter)
- 10 lbs of VOC (Volatile Organic Compounds)
- 67 lbs of CO (Carbon Monoxide)
Reuters: Report — Solar Homes Fetch Higher Prices. Does a solar electric system add to the sales value of a home? Solar energy advocates like to say it does, but that’s often based on anecdotal evidence. The Berkeley Lawrence National Laboratory decided to test this claim, and the result is a report being issued Thursday that showed that, indeed, solar homes command higher prices.
New York Times — Study Finds Solar Panels Increase Home Values. All those homeowners who have been installing residential solar panels over the last decade may find it was a more practical decision than they thought.
Bloomberg — California’s Solar-Powered Homes Draw $17,000 Premium. The analysis of 72,000 home sales from 1999 to 2009 showed that the almost 2,000 homes with roof-top solar systems attracted higher bids from buyers who wanted to save money on utility bills and reduce emissions of greenhouse gases.
US Dept. of Energy – Solar homes sell at up to twice the rate of their conventional counterparts. Although the best data to date is from California, solar-equipped homes are proving popular in other parts of the country, even in depressed housing markets.
goSolarCalifornia – Information for Real Estate Professionals – In today’s real estate market, Realtors® have a tough time with a surplus of homes on the market and fewer buyers. Homes with solar technology system are attractive because the over-all cost of operating a solar home is less than a comparabale non-solar home. And any advantage for both buyers and sellers is a plus.









