Will Solar Panels Increase The Value Of Your Home

Solar panels are one of those tricky things we all like to believe increase the value of a home.

Will solar panels increase the value of your home. Some of these factors are in your control while others are not. Choosing renewable energy helps protect the planet. The most important thing to remember is that you need to own your solar panel system. Fannie mae and the fha recognize the value of a pps but will only recognize it for financing if you own the solar panel system.

Yes solar panels can increase your home s value but panels don t always increase property value. On average solar panels raise a home s value by 4 1 across the u s according to a new zillow analysis of homes across the country that s a boost of 9 274 on a 226 300 home according to the study. Their impact on your home s value. The answer to that question is.

Installing solar panels in a home not only helps to reduce current monthly utility bills. A home that uses the power of the sun to produce electricity reduces the need for burning fossil fuels which emit greenhouse gases like carbon dioxide co 2. Says real estate agent aaron zapata of inman according to fha and fannie mae whether solar panels add value or are viewed as a liability is still unclear. After all they save homeowners a ton of money right.

It can potentially increase the home s value by up to 4 1 more than comparable homes with no solar panels.