How much does solar add to the appraised value

 

Anyone here have info / links to sources that would help estimate how
much value a solar PV system would add to the future resale value of a
home?


Thanks..

 



Slumlord wrote:


Less than it costs for sure.

Graham

 

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Jim Baber wrote:

Eeyore wrote:


The American Appraiser's have established that the appraised value is
increased by the avoided cost per year times 20.  So that means that if
you actually saved $4,000 in a year because you had generated 40,000 kW
at a .10 / kwh rate schedule for the year, your system would increase
the value of the house by $80,000.  Now just convince your buyer of that.

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Jim Baber wrote:


40 MWh in a year ?

That would be worth somethiong for sure !

So, 1000kWh ( not bad btw ) would increase the value by $2,000 ?

Graham

 

Eeyore wrote:

Yes it would be.


                 ^^^^^^^^^^^

Not bad? That's about what the average person uses in a place like the
Dominican Republic or Tunisia, and less than half the global average per
capita. Even in Seattle you could generate that much with a sub-kilowatt
PV system.