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Sunday, February 27, 2011

Why is a Solar Electric Home Worth More?

A good explanation despite the lack of data from the home appraisal industry:

http://howsolarworks.1bog.org/files/2010/03/black_solar_home_value.pdf


an answer column pointing out the challenges to the industry:

http://en.allexperts.com/q/Property-Valuation-Appraisals-1657/2010/12/Solar-Panels-Home-Appraisal.htm

Here's a company, SunMath, that claims they can do the math for you:

http://www.sunmath.com/home/why/why.html

The original document that everyone seems to quote, "for every $1 of energy savings,
the value of your home increases by $20" :

http://www.icfi.com/Markets/Community_Development/doc_files/apj1098.pdf

Solar Power Home Resale Value Appraisal links:

http://solar-power.twowik.com/solar-power-home-resale-value-appraisal/


more links specific to a California study:
http://www.green-energy-news.com/arch/nrgs2011/20110037.html
http://eetd.lbl.gov/ea/emp/reports/lbnl-4476e.pdf
http://eetd.lbl.gov/ea/emp/reports/lbnl-4476e-rs.pdf

4 comments:

  1. an article from Solar Knowledge:

    http://solarknowledge.blogspot.com/2010/09/home-appraisals-and-solar-panels.html

    lack of appraisal data and tools is constraining the solar industry

    ReplyDelete
  2. According to financial experts, a solar system can boost the resale value of your home, up to $15,000 for every 1,000 watts of power.

    ReplyDelete
  3. http://green.blogs.nytimes.com/2011/04/21/study-finds-solar-panels-increase-home-values/?partner=rss&emc=rss

    More from the NY Times

    ReplyDelete
  4. http://venturebeat.com/2011/04/22/solar-panel-home-value/

    "NIMBY this"

    "But the Berkeley study, and an additional study conducted by the government in 2009, found that home prices were either unaffected or rose based on proximity to renewable energy sources like wind power turbines and solar panels. "

    ReplyDelete