Residential Photovoltaic Installations Increase Home Value in California
A new report from Lawrence Berkeley National Labs shows that residential photovoltaic energy systems in California help to increase home sales prices. The report, "An Analysis of the Effects of Residential Photovoltaic Energy Systems on Home Sales Prices in California", finds that on average, homes with photovoltaic energy systems receive a $3.9 to $6.4 per watt premium on home sales. This cooresponds to a $17,000 premium for a home with a 3.1 kilowatt system.