| Value of Solar
 What
value does a solar energy system add to property?
According to The Appraisal Journal, home value increases by
$20 for every $1 reduction in annual utility bills. So a
solar energy system that saves you $200 per year would add
$4,000 to the value of your home. A larger solar energy
system saving $1,000 per year would add $20,000 to your
homes value! A commercial system saving $10,000 per year
would add $200,000 to the property value!
Investments in solar energy systems and other efficient home
features have historically been valued based on how quickly
the investment pays for itself. But such an investment is an
improvement that adds value to the property, which can be
recovered when the property is sold.
For residential solar electric systems, this added value can
often be half of the homeowner’s out-of-pocket investment
after claiming all incentives and tax credits. |
For solar water heating systems, this added value is often
equal to or greater than the out-of-pocket investment,
resulting in immediate positive cash flow for the home or
commercial property owner if the investment amount had been
added to the mortgage.
Save every month,
increase the value of your property, and hedge against
future rate hikes. Go Solar!
Contact Solar Unlimited North America today for a
complimentary survey of your home or business location –see
the power of solar for yourself!
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