A major factor in solar’s rising popularity is the dramatic decrease costs over the last 10 years. More recently, homeowners have had increasing options for financing that include zero-down purchase deals.
Homeowners go solar to save green by going green! But this raises a question: Does solar improve the resale value of a home? A 2014 study by Lawrence Berkeley National Laboratory shows that homebuyers are consistently willing to pay a premium of some $15,000 for a solar home and that a solar home sells 20 percent faster than non-solar homes. The U.S. Department of Energy states that a solar electric system raises a home’s property value by $20 for every $1 in utility savings per year.
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