Appraising into the Sun: Six-State Solar Home Paired-Sale Analysis
Lawrence Berkeley National Laboratory released Appraising into the Sun: Six-State Solar Home Paired-Sale Analysis. The report seeks to find how much value owned Photovoltaic (PV) systems add to homes. The research provides comparisons between evaluations by local appraisers and statistical modeling results. Finally, they provide recommendations to improve PV system valuation techniques and resources for appraisers.
The study looked at seven market areas in six states and found strong evidence for PV premiums. Additionally, the report concluded that there are comparable results in premium prices placed on PV systems by local appraiser values and statistical modeling methods.
Please see the attached document for the full report from Lawrence Berkeley National Laboratory.