The jury is out, and solar does increase home value when it's the right solar. Generally speaking, there are two ways to go solar. One option is with a solar lease or power purchase agreement (PPA) while the other option is solar ownership which could be paid for cash or financed to own.
When leasing (or with a PPA) there is no increase in home value. So with this particular option the benefit purely comes with rate predictability and control. In most cases, the lease is more beneficial to the lease facilitator than it is to the homeowner.
When homeowners go with an ownership solar installation, as long as the system is designed correctly, it will provide a significant home equity increase. You'll find varied information on what specifically to expect as far as a value increase, but a 5-10 percent increase is what the research is showing, although there are some higher figures out there.
Don't just take our word for it. Check out these independent resources below.
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Our solar quote "Price Match Guarantee" must be an "apples to apples' comparison. The competitive bid must match the same system size (KW size) and offer an equivalent extensive 30-year wrap around warranty. In addition to system size and warranty, we only utilize microinverters for our solar solutions to reduce centralized system failure.