Multiple studies have shown that homes with solar panel systems are valued and sold at prices above similar homes in their area.
On average, solar panels raise a home’s value by 4.1%, according to a new Zillow analysis of homes across the US of A. In South Carolina, that’s about $6,000 based on average home value of $170,000. In California, that’s about $21,000 with the average home running $533,000. The merits of even a small system are considerable.
The property value advantages only increase as you scale up, because property tax and insurance generally won’t go up, unlike some other home amenities such as a pool or hot tub. In the unlikely event those costs do increase even a little, it’s still absorbed by your hefty lifetime of savings ahead.